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21.05.2021
Cash Flow Problems
Poor cash flow is serious for SMEs.
So serious it can be fatal.
SMEs account for 99% of businesses in the UK.
Seventy Eight percent of UK SMEs that are owed money are being forced to wait at least one month beyond their agreement terms before being paid. Forty percent of UK SMEs that are owed money claim that large businesses are the worst late-paying offenders.
Clearly a problem, but most problems have solutions.
If you are having difficulties with cash flow due to slow payers.
Speak to your broker they can usually help find a solution.
So serious it can be fatal.
SMEs account for 99% of businesses in the UK.
Seventy Eight percent of UK SMEs that are owed money are being forced to wait at least one month beyond their agreement terms before being paid. Forty percent of UK SMEs that are owed money claim that large businesses are the worst late-paying offenders.
Clearly a problem, but most problems have solutions.
If you are having difficulties with cash flow due to slow payers.
Speak to your broker they can usually help find a solution.
I help businesses to get the right finance for them.
With over 250 lenders and thousands of products available I can find the best available match for…
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