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Startling rise in construction firm recovery loan defaults

UK debt collections

A startling rise in construction firms defaulting on covid loans could signal a wave of future business failures. It also signals a potential wave of Debt Collection action from creditors to recover what is owed. Construction businesses are contending with both shortages of materials and labour and rising costs.

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New Data says outstanding invoices reach shocking levels

UK debt collections

Based on the latest data, the necessity for clinical business debt collection is needed more than ever. These high-performing companies have demonstrated that adopting robust payment processes can significantly reduce payment delays compared to the average companies.” Outstanding invoices hurt any businesses bank balance and cash-flow.

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50+ Commercial Debt Statistics

The Kaplan Group

Aging debt dramatically reduces recoverabilityonly 10% of invoices over 12 months old are likely to be collected. As interest costs climb and payment discipline erodes, early action on collections and credit terms will define financial survival in 2025 and beyond. Platforms like Mintifi and NAV-based lending are gaining traction.

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New Data shows Small Business Late Payments increasing

UK debt collections

y/y) and healthcare (+4.9% y/y, while healthcare saw the largest increase in jobs (+4.5% y/y), manufacturing and construction (both +2.5% Broader quarterly sales results were more promising, driven by gains in education (+5.9% y/y), sales for small retailers continued to fall (-3.3% y/y in the last three months, down from 1.5%

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Managing a Multigenerational Workforce: Key Tips

PDC Flow

They enjoy feedback, but like it to be constructive with documentation included. Generation X: Gen Xers like regular constructive feedback and will request it. Gen Z: Gen Zers value traditional well-being benefits in the workplace, like healthcare, paid time off, good work-life balance, and mental health resources.

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Jimerson Birr Ranks Among Fastest Growing Law Firms in the Nation

Jimerson Firm

This is further validation that our collective mission to provide the highest level of legal service encourages a growth mindset not only for our attorneys, but for our entire firm.”. Since its formation in 2009, Jimerson Birr has expanded rapidly, capitalizing on Florida’s diverse economy and the vast talent that lives in the state.

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10 Dividend Kings With 50+ Years of Dividend Growth

Credit Corp

and a collection of over 40 beauty brands to Coty (COTY). healthcare company, with a market cap above $400 billion and over $80 billion in annual sales. Holding leadership positions across the healthcare spectrum has enabled strong growth over many years. For example, the most recent annual raise was a 10% hike. from $5.74