Business payment terms reach three year high

Business-to-business payment terms have reached three-year highs, with the number of firms now paying their bills in a severely delinquent manner rising dramatically according to a new report.

The Dun & Bradstreet Trade Payment Analysis for the March quarter of 2011 reveals that the average payment terms have risen to 55.6 days, making the average payments for the March quarter the second worst figures in 10 years.

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