Late payments affect our whole community
Late payments don’t just hurt individual businesses Late payments are sometimes viewed as a minor inconvenience, a simple delay that businesses can manage with a bit of financial juggling. The reality however, is that late payments have far-reaching impacts that extend beyond the immediate frustration of cash flow issues. In tightly interconnected local economies like Merseyside, these delays can cause significant knock-on disruptions, affecting not only the individual businesses involved but also the wider community. …