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Around 15% of SMEs opt to pay for insurance monthly as bill late payment issues continue

By 2024-06-19T09:00:00

late bills

Cash flow concerns see SME owners switch method of paying for insurance, says premium finance firm

Around 15% of small to medium-sized enterprises (SMEs) choose to pay for their insurance cover monthly rather than annually in a bid to better manage cash flow while struggling to make timely bill payments, according to new research from premium finance firm Premium Credit.

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