The Working Capital Forum
  • Home
  • Events
  • News
  • Features
  • About
  • Login / Register
  • Working Capital Award Winners 2022
  • Home
  • Events
  • News
  • Features
  • About
  • Login / Register
  • Working Capital Award Winners 2022
Search


​FEATURES

Webinar: Supporting your smaller suppliers in a time of crisis

16/5/2020

 
Picture
The coronavirus lockdown has exacerbated the problems faced by smaller business in getting paid, said the UK’s Small Business Commissioner, Philip King, in the latest Working Capital Forum online meeting. ​
King pointed out that, even before the crisis, more than half of UK SMEs were experiencing late payment by customers. The bad news was reflected in a poll of attendees, where the largest group, 46%, said their experience was that larger corporations had pushed out payment terms during the crisis.
​
At supply chain finance fintech provider Taulia, demand for early payment solutions had “definitely increased during the crisis”, said David Venables, the company’s UK director, with more than $4bn in early payments taken in March alone. Venables said that firms like Taulia were filling a need for working capital among smaller firms that found it hard to access capital in other ways. “The plumbing of our global financial system really works for big companies but not for small ones,”, he said.

The next Working Capital Forum online meeting is on  July 14 @ 3:30 pm BST. Our topic is  The other side of Covid – Funding supply chains for recovery.

Comments are closed.

    Archives

    January 2023
    November 2022
    October 2022
    May 2022
    January 2022
    November 2021
    October 2021
    September 2021
    May 2021
    April 2021
    March 2021
    July 2020
    June 2020
    May 2020
    December 2019
    November 2019
    November 2018
    September 2018
    April 2018
    November 2017
    October 2017
    June 2017
    December 2016
    June 2016
    May 2016
    April 2016
    February 2016
    September 2015
    June 2015
    April 2015

    RSS Feed

WORKING CAPITAL FORUM
FEATURES
NEWS
EVENTS
AWARDS
CONTACT
​admin@workingcapitalforum.com
© ADAUGEO MEDIA LTD 2022
​​PRIVACY POLICY
  • Home
  • Events
  • News
  • Features
  • About
  • Login / Register
  • Working Capital Award Winners 2022