late payment

84% of small businesses suffer from late payments

13th October 2021 Commercial Collections and Recoveries | #late payment

Late payments are threatening the survival of small businesses across the UK, according to findings from new QR-code payment and invoicing app, Tomato pay. The research has found that 84% of small businesses suffer from late payments. One in eight (12%) wait more than 60 days on average for an invoice to be paid, while…

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late payment

84% of small businesses suffer from late payments

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