Despite economic uncertainty, sales on trade credit are on the rise as UK businesses endeavour to appear more attractive to potential customers.
A new report from trade credit insurer Atradius revealed that more than half (56%) of the total value of B2B sales was transacted on credit this year – an increase of 45% from last year. The report also showed that UK businesses focus on managing receivables through a balanced mix of credit management techniques – including trade credit insurance.
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