Early payment scheme is helping save small businesses from bankruptcy
Over 5,000 small businesses have closed this year due to bankruptcy, promoting local authorities to pay suppliers earlier to help drive liquidity into local economies and relieve financial pressures. Councils have pushed over £1bn of payments to small businesses using Oxygen’s Finance’s FreePay scheme, a programme that allows for organisations to pay suppliers early without … Continue reading Early payment scheme is helping save small businesses from bankruptcy
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