Irish SMEs are owed an average of €23,000 each, and many small businesses are coming under pressure as a result of late payments, according to a new survey.
The survey by the Interface Financial Group, which provides short-term working capital to businesses via invoice discounting, found that one in seven Irish businesses are being forced to close as a result of late payments or non-payments.
Late payment remains a major issue for Irish SMEs, according...
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