The State of Small Business Debt in 2024: Insights from Global Data
Burt and Associates
FEBRUARY 3, 2025
High Levels of Unpaid Invoices According to the Findex report , overdue invoices are a leading cause of business debt : 80% of small businesses experience late payments. 45% of unpaid invoices go beyond 90 days , making recovery more challenging. Consider Debt Restructuring Refinancing high-interest loans can reduce monthly payments.
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