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Credit-smart SMEs improve average debt settlement time

Friday, July 15, 2016 - 05:50

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

Singapore

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

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