Timely B2B Payments: The Impact of Predictable Cash Flow on Small Businesses
By 3 minute read
• Published September 29, 2021 •Macro-level forces, such as supply chain disruption and the pressure to keep up with transformation, affect suppliers of all sizes – but none more severely than small businesses. Even in the most favorable economic conditions, smaller suppliers’ well-being can be hamstrung by limited access to affordable liquidity, high debt ratios, and unpredictable cash flows.
This is precisely why timely payment is so critical to the success of small businesses – and why so many suppliers are eager to participate in programs that ensure early and on-time payment.
In this perspective, we discuss:
- Suppliers’ options for early and on-time payment
- Why early and on-time payment is critical for small businesses
- 3 examples of real small businesses who benefited from PrimeRevenue’s payment solutions
Timely B2B Payments: The Impact of Predictable Cash Flow on Small Businesses