Small Business Payment Speed Slowing Reveals Index (CollectionTechnology.net)

Mary Wisniewski, CollectionTechnology.net

Small businesses are slower to pay the tab than big businesses, reveals Cortera’s September 2009 Small Business Index (SBI), a new monthly index of accounts receivable activities for businesses with less than 500 employees. Specifically, the data shows small businesses are paying invoices 25% slower than a year ago, and 20% slower than the overall business average.

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