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The heightened payment risk is prompting businesses polled in the United States to implement a more stringent trade credit policy for B2B transactions.
Latin America's resilience is demonstrated by the stronger macroeconomic policy frameworks, improved banking supervision, and higher official reserves.
Our survey found an average 12% increase in overdue invoices during the past year, and 47% of the total value of B2B sales on credit currently remains unpaid at the due date.