Illegal payment terms becoming more common
Nearly one third of SMEs say their contract partners have extended payment terms.
YRITTÄJÄ, tule mukaan omiesi pariin! Liity Yrittäjiin.
Budget proposal: Sole traders’ income as part of positive credit register and action on excessive payment terms
In its small business package, the Government is promising improvements to business-to-business (B2B) payment terms and micro-enterprises’ access to finance.
Market Court rules against payment term of over 30 days in roadwork subcontracting
“Treating small machinery contracting companies as banks by extending payment terms is a breach of the Payment Term Act,” says…
Over 60% of business owners waiting longer than statutory period for invoices to be paid
Industry and construction businesses particularly suffer from their business partners’ long payment terms. “The way it’s done in Finland is…