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Credit-smart SMEs improve average debt settlement time

Published Thu, Jul 14, 2016 · 09:50 PM

    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 as it has fallen substantially in the last 12 months.

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