Economic caution: Higher than average bad debt claims

By David Olsen · 1 April 2010 · Locked

Full details: Economic caution: Higher than average bad debt claims

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Summary

The outlook for Australia’s economy might be improving, but there appears to be no end in sight to the cash flow pressures hitting most SMEs, with a higher than average number of debtors defaulting on what they owe due to insolvency, said cash flow finance specialist, Oxford Funding.

Tags: bad debt, Cash Flow, GFC, invoice financing, SME's