SME Tag

Accounting for around 99% of business across all sectors, SMEs remain the lifeblood of the UK economy. SMEs form 47% of all private sector turnover, contributing £1.8trillion annually. Their centrality to the performance of the UK’s business environment means they will play a fundamental part in leading any economic recovery....

Late payment is a key challenge for UK SMEs.  Severe cash flow crisis is the primary cause of business failure among UK SMEs, and can even topple established businesses within a matter months. When large payments are delayed, sometimes by multiple customers, the effects can be devastating. Late payment can also cause...

Pursuing international markets provides huge opportunity for growth for UK businesses. However, with it comes a certain amount of risk - although this can be offset by developing a comprehensive research and development strategy. Here we look at the benefits of international trade, what businesses must consider and also some tips...

The UK government have announced new proposals designed to help tackle late payments. The proposals oblige large and listed companies to fully publish detailed information regarding their performance around how they pay their suppliers. For us here at Pay4 this is great news to hear and a long time overdue. SME's are often considered...