Late Payments Cause UK SMEs to Miss Out on over £250 Billion_5 - PowerPoint PPT Presentation

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Late Payments Cause UK SMEs to Miss Out on over £250 Billion_5

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Unpaid invoices and expenses coupled with companies pursuing customers’ payments, along with long term payments are the core contributors. At the heart of the UK economy, SMEs account for 47% of private sector turnovers. – PowerPoint PPT presentation

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Title: Late Payments Cause UK SMEs to Miss Out on over £250 Billion_5


1
Late Payments Cause UK SMEs to Miss Out on over
250 Billion
  • https//www.wesrch.com/business/paper-details/pres
    s-paper-BU187Q000MIWB-late-payments-cause-uk-smes-
    to-miss-out-on-over-250-billion

2
ABOUT
Unpaid invoices and expenses coupled with
companies pursuing customers payments, along
with long term payments are the core
contributors. At the heart of the UK economy,
SMEs account for 47 of private sector
turnovers. On average, businesses with turnover
below 1m wait an average of 72 days for invoices
to be paid, whilst business with 1-10m turnover
wait 53 days. Similarly, businesses with 10m
turnover wait an average of 48 days.
  • https//www.wesrch.com/business/paper-details/pres
    s-paper-BU187Q000MIWB-late-payments-cause-uk-smes-
    to-miss-out-on-over-250-billion

3
Contact
Nucleus Commercial Finance Ltd.2 Gees
CourtLondonW1U 1JA 44 (0)207 839
1980 contact_at_nucleus-cf.co.uk
  • https//www.wesrch.com/business/paper-details/pres
    s-paper-BU187Q000MIWB-late-payments-cause-uk-smes-
    to-miss-out-on-over-250-billion

4
TO KNOW MORE INFORMATIONVISIT our Site
www.nucleuscommercialfinance.com
  • https//www.wesrch.com/business/paper-details/pres
    s-paper-BU187Q000MIWB-late-payments-cause-uk-smes-
    to-miss-out-on-over-250-billion
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