World Economy

Late Payment of Commercial Debts is a major concern for Businesses for the year ahead according to a new survey polled amongst 1,000 small and medium sized UK businesses. The survey was performed in respect of anticipated and expected growth. Businesses are being urged to take pro active action when it comes to the question of unpaid invoices. Leading Debt Collection Agency Frontline Collections spokesman Chris Spencer advised “Nobody has ever lost a customer because they requested to be paid on time. Some Businesses simply aren’t maximising their cash flow by not acting when credit terms are breached or invoice payment dates become expired”