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Irish SMEs get paid faster as Covid hardship eases

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The time it takes businesses to receive payment for trade transactions has fallen dramatically from pandemic highs, according to quarterly figures from the Irish Asset and Invoice Finance Association (IAIFA).

UT data from the UK, where government Covid support was withdrawn earlier, suggests SMEs could face a spike in bad debts later this year.

https://www.independent.ie/business/irish-smes-getting-paid-more-quickly-as-covid-distress-ebbs-41693798.html Irish SMEs get paid faster as Covid hardship eases

Fry Electronics Team

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