Late payment – a construction industry epidemic?
18th October 2019
Every year, thousands of small businesses go under due to cash flow problems caused by late-paying clients and contractors.
In the construction industry, late payment has long been an endemic practice, with the most famous example perhaps being the collapse of construction giant Carillion in January 2018, which folded owing billions to its subcontractors and suppliers.
We’ve explored the extent of the problem in our newest blog – read it here.
We hope that you enjoy this post and that you find it both interesting and useful.