Suppliers’ Late Payments Woes Expand Across Borders
PYMNTS
FEBRUARY 17, 2020
Now, Greensill has said that he will dump corporate clients in Australia that continue to squeeze their small suppliers, The Australian reported. The conglomerate recently posted a $1 billion loss for its 2019 financials, and began extending payment terms from 45 days to 65 days last September, according to reports.
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