Half of SME's owed money
Posted on 22 Feb 2017
Half of SMEs owed payments
Research by Zurich reveals more than half of SMEs are chasing late payments, with firms owed up to £255bn in total. One in five is owed more than £25,000, nearly one in ten is owed £100,000, while an estimated 43,000 firms are trying to get back more than £1m each. Two in five firms say the issue is causing them a cash-flow headache that could prove damaging.
Source: Daily Mirror (16/01/2016)
