Nov 8, 2024
Blog
The truth about year-end payment delays
🎙️On today’s episode of Extra Credit…Year-end slowed or delayed payments have become common practice for businesses.
Oftentimes, companies that operate seasonally or are facing tight economic conditions will hold off on non-essential payments, saving their credit debt for last. Many customers intentionally make late payments so they can report a stronger financial position at the end of each quarter or year.