Average SME owed ?63,881 in late payments
New research has shed further light on the late payments issue having an adverse affect on British enterprise, with 11 per cent owed more than £100,000.
Tag: Credit Check
Ormsby Street: Using big data to prevent business credit headaches
With the average UK SME owner waiting 72 days before the invoices they send out are settled, innovative fintech player Ormsby Street, one of the Everline Future 50 2016, provides a unique service for small firm bosses seeking to limit their exposure to the cash flow issues caused by late payment.