In The News
13th August 2013
A recent parliamentary enquiry has found that British small-to-medium enterprises were owed more than £36bn in late payments last year. The Federation of Small Businesses revealed that more than half of the SMEs it represents were not paid promptly by large companies. In 2012 more
than 124,000 small and micro businesses said they were almost put out of business by late payments. It added that with an average wait of 58 days, between completion and payment for services, SMEs are under enormous pressure to stay afloat.
To read the full story go to the International Business Times
At least our clients can be as sure as possible that they are less likely to suffer from such difficult economic trading conditions.
