The Small Business Guide To Rapid Settlement
The Small Business Guide To Rapid Settlement Report documents the challenges facing small businesses due to delays in access to funds from sales. The report further seeks to educate, inform and provide a path for solutions to this sector. It is based on a survey of 480 firms in a broad range of industries with annual revenues up to $10 million.
Inside the January report:
- 65.8 percent of small businesses believe having immediate access to funds from sales is highly important
- 40.2 percent of small businesses say taking longer to pay their vendors is a likely consequence of being unable to access funds
- 57.1 percent of small businesses would be highly interested in switching to POS providers that offer rapid settlement