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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
The number one financial challenge facing British SMEs is getting paid by their customers according to new research. (more…)
The vast majority of UK business are not taking advantage of legislation specifically designed to help protect them against slow…
New research has found that businesses take longer to pay their bills than at any time since Late Payment legislation was…
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 were also seen as the principal factor likely to undermine growth of cash flow over the next twelve…
#Allianz#cash-flow#economy
Three in five SMEs in the UK are struggling with a new year payment battle, following tough December trading and…
#insolvencies#insolvency#invoice
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
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 Group International, owner of Charterhouse Commercial Finance, has become a signatory to the Better Payment Practice Code (more…)
#commercial finance#international
Atradius Group, one of the world's leading trade credit insurers, has released a new report on the payment practices of…
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
A recent poll held on the Better Payment Practice Group website asked businesses how soon they issue the invoice after…
#ACCA#invoice#late payment