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Corporate responsibility growth may erode late payment culture

Despite legislation being passed in 1998 that enables companies to claim interest from other businesses on the late payment of commercial debt, research conducted by Graydon UK, a leading commercial credit agency, among credit professionals shows that only 4%* of...

#Commercial Credit#late payment#sustainability

Late payment and rate hikes hit SME’s but firms...

The number one financial challenge facing British SMEs is getting paid by their customers according to new research. (more…)


Late payment law ignored by UK businesses

The vast majority of UK business are not taking advantage of legislation specifically designed to help protect them against slow…


Experian research shows payment delays up by 2 days

New research has found that businesses take longer to pay their bills than at any time since Late Payment legislation was…


Payment arrears in the Far East and Asia far...

According to recent figures, average payment arrears throughout Europe now stands at 53 days but when supplier terms are taken…

#bank#commercial finance#management


Payment delays undermining cashflow growth in distribution sector

Payment delays were also seen as the principal factor likely to undermine growth of cash flow over the next twelve…

#Allianz#cash-flow#economy


SMEs battle with New Year payment hangover – Cattles

Three in five SMEs in the UK are struggling with a new year payment battle, following tough December trading and…

#insolvencies#insolvency#invoice


Late payment total grows 15pc annually

The Sinosure debt collection division handled 358 cases of overseas debt collection last year, compared with 184 in 2004. There…

#debt collection#international#late payment


Small firms claim late payment legislation is unusable

More than 90 per cent of small firms are failing to use their legal right to charge interest on late…

#bank#Bank of England#insolvency


Charterhouse joins payment improvement code

Charterhouse Group International, owner of Charterhouse Commercial Finance, has become a signatory to the Better Payment Practice Code (more…)

#commercial finance#international


Atradius report reveals best, and worst, European business payment...

Atradius Group, one of the world's leading trade credit insurers, has released a new report on the payment practices of…


Half of businesses need guidance on calculating late payment...

A poll by the Better Payment Practice Group (BPPG) has found that half of UK firms surveyed do not know…

#bank#Bank of England#late payment

Late invoicing puts businesses at risk from late payment...

A recent poll held on the Better Payment Practice Group website asked businesses how soon they issue the invoice after…

#ACCA#invoice#late payment

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