Billion Owed to Uk Smes in Late Payments #infographic

One of the most important issues for small businesses and SMEs across the UK is late-paying customers. Whether you're a self-employed worker at home, a small business or a small business, they all have the same common issue of getting invoices paid on time.

A colossal £ 23.4 billion remained in late payments in 2019–up £ 10.4 billion from 2018 Not only troubling the small business owner as it costs companies to chase outstanding debt in time and money. In fact, companies spend around £ 4.4 billion a year collecting the money they owe.

infographic by: www.smeinvoicefinance.co.uk

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