Three in five (58 per cent) small or medium enterprises (SMEs) across the UK are currently waiting on late payments from customers, according to research from Barclays surveying 500 small business owners. For medium sized enterprises with 50 to 249 staff, those waiting on late payments rises to more than nine in ten (94 per…
Read moreOver a third of businesses (32%) spend up to 75% of their time chasing overdue debts when that time would be better spent in advising their sales teams on who to do business with or not in the first place. An online survey conducted by Debt Register, a digital payment platform, found that almost a…
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