Late Payments Cause UK SMEs to Miss Out on over £250 Billion_3

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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. http://www.localnews.biz/news_99705.asp

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

Late Payments Cause UK SMEs to Miss Out on over £250 Billion http:// www.localnews.biz/news_99705.asp

ABOUT:

ABOUT Reports show that late payment has denied UK SMEs more than £250bn. 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. http:// www.localnews.biz/news_99705.asp

Contact:

Contact http:// www.localnews.biz/news_99705.asp Nucleus Commercial Finance Ltd. 2 Gees Court London W1U 1JA +44 (0)207 839 1980 contact@nucleus-cf.co.uk

TO KNOW MORE INFORMATION VISIT our Site:

TO KNOW MORE INFORMATION VISIT our Site http:// www.localnews.biz/news_99705.asp www.nucleuscommercialfinance.com

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