Threat of losing liquidity
As many as half of Polish small businesses face problems with overdue invoices.
Ever since businesses have emerged, so have problems. One of the most serious is the problem with late payments.
The worrying thing is that late invoices, can even lead small businesses to bankruptcy.
51% of SME entrepreneurs in the first half of this year, had problems with unpaid or significantly delayed invoices. This is quite a high percentage.
As many as 22% of entrepreneurs in the survey indicated that they have a large number of unpaid invoices that contractors are in no hurry to pay. And as many as 29% of those surveyed felt that invoices are coming in a long time late.
Dear customers, insure YOUR receivables, don’t let it be too late to save your cash flow.
For a deeper reading, we encourage you to take a peek at the article mentioned in the source.
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UK company insolvencies 2022
The increase in insolvencies over Q2 2021 grew by 81% over the same quarter last year and 13% over the previous quarter. This result is numerically the largest since Q3 2009. in 2020 there was negative growth in bankruptcies of British companies. In contrast, a steady increase in the number of new bankruptcies was already noted in 2021.
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