News
01 August 2017

UK SMEs lose £250 billion of liquidity due to late payments

Region:
Europe

Late payments are causing UK SMEs to miss out on over £250 billion of liquid cash flow, according to a report by Siemens Financial Services. Firms with annual turnover of under £1 million wait on average 72 days for invoices to be paid, while those with turnover of £1 million to...

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