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It can enable companies to use Bill funding to obtain their arms on hard cash from unpaid charges they've issued. Firms make an application for lending working with invoices for revenue owed to them as protection.

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An identical rule is presently in result inside the US, Canada and Australia. Its introduction in the UK follows final month’s announcement by Soubry of a little organization payments tsar, who will winner smaller companies, specifically on the issue of late payment. That, as well, is staying according to actions adopted in Australia.

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