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"We're Not A Bank": Why Construction Suppliers Are Shortening Payment Terms
"More customers are struggling to pay us on time than ever before, often because they're dealing with late payments themselves. At the end of the day, we're a builders' merchant, not a bank." That's how Keith Fryer, Director of Business Development at FORT Builders Merchant, described the pressure now facing suppliers across the construction supply chain. In short: new research from Bibby Financial Services found that 4 in 10 UK SMEs have shortened their own customer payment

Jamie Sedgwick
Oct 24 min read
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