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A high level meeting in the Planning Commission today on the flow of credit to the small scale sector decided to work on various proposals that would remove the current hurdles in such units seeking institutional finance. Among the proposals...
#bank#interest rates#late payment
Businesses may find themselves confused when it comes to calculating interest owed on the late payment of commercial debt following…
#bank#Bank of England#interest rate
Fewer businesses are blaming their own systems or disputes and queries as reasons for late payment, according to the latest…
#late payment#management#Two
Statutory interest and collection charges will be extended to apply to late payment on all commercial contracts from 7 August…
#interest#late payment#payment delays
As of 7 August 2002, businesses owners and managers will be entitled to seek financial compensation for the inconvenience of…
#debt collection#late payment#management
FEDERATION of Small Business Scotland on Sunday criticised the government's attempts to improve the "late payment culture", branding legislation which…
#bank#late payment#small business
Small Business Minister Nigel Griffiths today announced a new package of measures to help combat late payment of bills -…
#late payment#Paid#small business
Research carried out by the Credit Management Research Centre (CMRC), a member of the Better Payment Practice Group, has highlighted…
#bank#exporters#late payment
Small businesses are becoming increasingly worried about the tax system. More than one in five small business owners (22%) say…
#late payment#small business#small businesses
Leading business finance firm Bibby Factors Scotland has opened its doors in Glasgow to provide cash flow solutions to small…
#business finance#cash-flow#invoice
According to the latest SME Index from Zurich UK Commercial, a staggering 80% of small businesses say their markets are…
#late payment#small businesses#smes
A European Commission Directive that gives businesses the right to claim interest on late payments will come into effect on…
#cash-flow#European Commission#forum
On 1 November 2002, the Late Payment Act will be extended to allow large businesses to claim interest from smaller…
#invoice#late payment#small business