Six in ten businesses say customers are taking longer to pay than a year ago - Credit Connect
Key takeaway
UK SMEs face worsening cash flow as customer payment times lengthen.
- Step 1 · The triggerUK SMEs face longer customer payment times, increasing cash flow pressure and bad debts.
- Step 2 · Knock-onSMEs cut their own supplier payment terms and seek invoice finance to bridge liquidity gaps.
- Step 3 · Reaches youInvoice finance providers like Bibby Financial Services see increased demand, while SMEs’ cost of finance rises and supply chain strain intensifies.
The trigger is reported by the source below. The steps that follow are Branch²’s traced reasoning — how the shock could reach a business like yours, not a prediction.
Source: Google News UK Business
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