22/06/2026
In an already tough economic climate, unchecked bad debt could have a devastating impact on your business. ��Recent statistics reveal an alarming trend:��• 40% of SME assets are tied up in customer loans, making them vulnerable to late payments or defaults.��• 80% of small businesses report struggles with unpaid debts, which affects their cash flow, limits growth, and heightens operational risks.��Nearly 25% of small business failures are attributed to unpaid invoices, as cash-strapped clients delay or forgo payments altogether.��Because bad debts require replacing lost revenue, an SME operating on a 10% net profit margin needs to generate R500,000 in new sales to cover just R50,000 of bad debt.��(Source: businesstech.co.za)��Contact us today for a tailor-made solution to help you recover those bad debts.��E-mail us at: [email protected]