A new effort is underway to support small businesses to get paid faster and boost cashflow this winter, as the escalating cost of living crisis places small firms under increasing strain.
Small Business Britain, TSB and Revenu, a payments app powered by BankiFi, have formed a new partnership to help small business owners get paid on time and tackle the challenge of poor late payment practices.
“Running a small business is challenging enough without worrying about getting paid,” said Michelle Ovens CBE, founder of Small Business Britain.
