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Improving economy not good for everybody

All signs this week see the economy improving with a return to positive inflation figure and the volume of companies that entered administration during the first quarter of 2015 has fallen to around 432, a decline year-on-year of 16.9%

The annual decline in quarterly administrations is a clear barometer of continuing improvement in overall economic growth.

Our experience is that as the economy improves so does late payment - as a cheaper and easier option than borrowing from the bank to fund growth.

So keeping your cash flow on track is key – don’t become an alternative funder for your clients.

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