Prompt Payment Code

Almost 500,000 SMEs At Risk As Late Payment Epidemic Continues

Almost 500,000 SMEs At Risk As Late Payment Epidemic Continues

More than 400,000 small businesses in the UK are at direct risk of going under as late payments continue to…
Let Your Voice Be Heard on Late Payments

Let Your Voice Be Heard on Late Payments

Fed up of clients who refuse to stick to agreed payment terms? Feel like you're being held to ransom by…
Politicians Demand Mandatory 30-Day Payment Terms – But Would It Work?

Politicians Demand Mandatory 30-Day Payment Terms – But Would It Work?

The rhetoric surrounding the UK’s late payments culture was ramped up another notch this week as an influential Parliamentary committee…
Too Prompt for the Prompt Payment Code?

Too Prompt for the Prompt Payment Code?

As a debt recovery company tasked with chasing down overdue payments, it makes sense for us to be a signatory…
Payment terms over 30 days ‘should be banned’

Payment terms over 30 days ‘should be banned’

A fundamental characteristic of late payment legislation so far has been its voluntary nature - nobody forces big businesses to…
Patching up the Prompt Payment Code

Patching up the Prompt Payment Code

It doesn't matter how much you like a bucket; if it won't hold water anymore, it's time to get a…
You’re fired! Why Lord Sugar wants more done on late payments

You’re fired! Why Lord Sugar wants more done on late payments

Lord Sugar, the artist formerly known as Sir Alan, has made his feelings on late payments very clear - and,…
Cable: Big businesses have profited ‘for long enough’ from late payment

Cable: Big businesses have profited ‘for long enough’ from late payment

Late payments to SMEs must not be an acceptable way for big businesses to boost their own profits, according to…
Late payment forces SMEs to become ‘interest-free lenders’

Late payment forces SMEs to become ‘interest-free lenders’

Many small to medium-sized enterprises (SMEs) across the UK are effectively being forced to loan money to large firms interest-free,…
Prompt Payment Code fails to stop large firms making slow payments

Prompt Payment Code fails to stop large firms making slow payments

Slow payments represent a substantial risk to small and medium-sized businesses, who must often meet the cost of materials and…

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Our modest but highly skilled team has a combined total of over 150 years of experience in commercial credit management and B2B debt collection. From independent IT contractors to major film and TV publishers, Safe Collections has the knowledge and experience you need to get paid quickly and cost effectively.

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