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‘Forget toilet paper everybody wants early payment’: Invoice pain to continue

Smaller operators have received protections from insolvent trading due to the coronavirus economic slowdown, but experts warn thousands will be facing long payment terms and unpaid invoices with little option for recourse.

“My expectation is that April is going to be quite catastrophic — people are basically going to go, ‘everyone is on holidays or forced leave’,” said chief executive of business credit score check platform Creditorwatch, Patrick Coghlan.

READ FULL ARTICLE: https://www.smh.com.au/business/small-business/forget-toilet-paper-everybody-wants-early-payment-invoice-pain-to-continue-20200326-p54e0t.html

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