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Picture: SUPPLIED
Picture: SUPPLIED

Late payment and insolvency are two of the most commonly cited causes of long-term damage to business growth, leading to financial instability and irrecoverable damage to businesses. Most enterprises, especially small to medium-sized enterprises, are unaware of the services and support available to help manage the risks of trading on open credit.

In the videos below, experts from Santam Specialist Business explain how companies can protect themselves against unforeseen bad debt risk arising from the failure by suppliers or customers to pay their trade-related debts.

This article was paid for by Santam.

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