Almost 1.7 million overdue invoices in Scotland in Q3 2022, new R3 research shows

New research from R3 reveals Scottish firms had almost 1.7 million overdue invoices on their books in the last quarter, an increase of 7.1% from Q2’s total of 1,583,353, which may have disastrous consequences for small businesses that rely on regular income and may become financially distressed or insolvent even if just one client fails to pay.

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