Credit, Collections & Insolvency News
New research by Sidetrade has found that US businesses wait an average of 25 days beyond agreed terms to be paid, whilst UK businesses wait 22 days.
Across more than US$3.6 trillion in US B2B transactions, businesses are paid in 54 days on average against 29-day terms.
Across more than $930 billion in the UK, businesses are paid in 50 days against 28-day terms. For an SMB on a tight cash buffer, those extra weeks are working capital it cannot use.
Arjun Singh, Co-Founder and CEO of ezyCollect by Sidetrade, said: “As you grow, you cannot keep hiring experienced finance people just to keep pace with collections. The work grows faster than the team, and most of it goes on chasing accounts that were always going to pay, because you have no real way of knowing where to focus.”
New research from Howden has revealed that despite new government measures designed to tackle late payments, the issue continues to put significant pressure on UK SMEs. The survey found that nearly one in three SMEs receive late payments often or very often, while more than half experience them at least occasionally. Almost one in five…
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Research by Dun & Bradstreet has found that the UK’s largest businesses are the country’s worst payers, as insolvencies remain at their highest sustained level since the financial crisis The data showed that the largest businesses pay suppliers on time on fewer than one in seven occasions. Businesses employing more than 1,000 people paid suppliers…
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UK businesses are under growing strain as supply chain costs surge, with nearly three-quarters (72%) of business leaders reporting increases in the past year – double the level seen over the previous two years (36%), according to RSM research, The data showed that almost a third of businesses said they recovered from price shocks within…
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Latest data from Allianz Trade showed that the Cash Collection Cycle (CCC) rose again in 2025 (67 days) and appears to have settled at a structurally high plateau, with the driver being inventories, with companies moving away from ‘just-in-time’ efficiency toward ‘just-in-case’ resilience. The UK maintained a 40-day cash collection cycle in 2025, shorter than…
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More than one in five (22%) SMEs fear they could be forced out of business over problems paying tax bills in the next five years, according to new research from Premium Credit. The study of SME owners and managers found nearly two out of five (39%) say they have missed up to four tax bill…
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