You are here

Credit-smart SMEs improve average debt settlement time

Friday, July 15, 2016 - 05:50

DP Info COO Lincoln Teo says the shift towards SMEs' shorter payment cycles has been consistent for several quarters.


SINGAPORE'S small and medium enterprises (SMEs) have become more "credit" smart with a growing number tightening their terms and conducting more due diligence before extending credit to their clients.

This has helped with the average time taken by an SME to settle a debt

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom