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Delinquent debts down but SMEs feel cashflow squeeze

DP Info poll shows Q3's proportion of unpaid debt improved to 46%; firms citing credit crunch jump to 34%

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Delinquent debts have steadily declined in the last six months, as small and medium sized enterprises (SMEs) demand faster payment from customers when they agree to do business on credit.

Singapore

DELINQUENT debts have steadily declined in the last six months, as small and medium sized enterprises (SMEs) demand faster payment from customers when they agree to do business on credit.

The proportion of debt unpaid stands at 46 per cent in the third quarter of the year

sentifi.com

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