Delayed “Invoices Owed” to Hinder Business Recovery

Delayed "Invoices Owed" to Hinder Business Recovery

Delayed “Invoices Owed” to Hinder Business Recovery

Delayed “Invoices Owed” to Hinder Business Recovery

Small businesses are being hindered from recovery due to the large number of outstanding invoices owed to them by business debtors according to new data from “Dun & Bradstreet”

Apparently over half of SMEs rely on payments being made on time to stay solvent and there are calls to for the Government to reform its “Prompt Payment Code”

James Guthrie from Veritas Legal said “I see it again and again where a business supplies a service or product and then wait and wait for payment. They try and chase the debt but nothing happens until we get involved.”

Don’t let outstanding business debts bring your business down, keep on top of them and if you are struggling, get in touch with Veritas Legal as we can recover your debts for free.

Please call: 01392 498686 or email: info@veritaslegal.co.uk

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