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Businesses suffering from significant Late Payment delays

UK debt collections

The research analysed data from the Department for Business and Trade to show how late payments affect UK businesses. Businesses in the manufacturing industry are made to wait the longest to receive payments for goods and services. Businesses in this sector receive payments after around 47 days.

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Industries with the Best and Worst Recovery Rates

Nexa Collect

Contractors, Special Trade. Manufacturing. Credit Unions. Retail/Consumer Misc. Pest Control. Auto Supply & Repair. Restoration Companies. Commercial. Industrial. Optometrists. Repair Services. Waste Management. Funeral Services. Business Services. Veterinarian. Advertising. Drug Store. Medical Supplies. Rentals, Equip, etc.

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Best Lithium Stocks for July 2022

Nerd Wallet

Lithium is a critical material for manufacturing batteries used in laptops, cell phones and electric vehicles, or EVs. Best lithium stocks The following stocks are involved in the mining, manufacturing or distribution of lithium. We included stocks that can be traded. Alana Benson writes for NerdWallet.

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Exclusive Survey Insights on The Impact of High Days Sales Outstanding

The Kaplan Group

The survey uncovered that industries such as healthcare, manufacturing, and professional services experience distinct issues in payment collection. Manufacturing firms, especially those engaged in international trade, face similar challenges.

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Jessica S. Mazariego Joins Jimerson Birr, Strengthening Firm’s Complex Commercial and Real Estate Litigation Practice

Jimerson Firm

Known for her strategic advocacy and collaborative client partnerships, Mazariego specializes in business and real estate disputes, including breach of contract, fraud, trade secrets, and manufacturing and distribution matters.

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New study confirms that few consumers complain to government agencies about consumer fraud

Public Citizen

Anderson of the Federal Trade Commission - Bureau of Economics has written  To Whom Do Victims of Mass-Market Consumer Fraud Complain? Not surprisingly, complaints were most frequently directed at someone directly involved in the transaction – a seller or a manufacturer.

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What to Do Before You Lease a Car

Credit Corp

You get to drive a newer car, and many repair costs may be covered by the manufacturer’s warranty or the lease agreement. However, these monthly costs don’t take down payments or trade-in values into account. Leases, on the other hand, are largely controlled by the manufacturer.