Greek businesses shorten payment terms offered to B2B customers. This reflects concern about the cost of obtaining new credit required to fill potential liquidity gaps caused by late payments.
Nearly 40% of businesses in Finland who applied for trade credit from their suppliers said their requests were rejected. This signals a safety-first approach to trading on credit amid bank squeeze.
A strong deterioration in the trade credit risk landscape for UK companies was shown by a series of trends in our survey. One major issue was a marked increase in late payments and bad debts.
Swedish companies have strong concerns looking ahead about how they will be affected by new regulations related to European and global climate change goals.
French businesses polled across various sectors acknowledged the value-added benefits of strategic credit management in the current volatile and extremely unpredictable economic environment.
Swiss companies express anxiety about the impact of exchange rate swings on the business. They fear that it will create pressure on both export demand and on operating margins.
As the economy faces headwinds chiefly due to weak domestic demand, uncertain exports trend and high borrowings costs, Spanish businesses withstand trade credit risk to strengthen cashflow.
Dutch companies’ response to a gradual decline in payment morale of B2B customers during the past months was sharper focus on working capital management.
Sharp downward trend in B2B sales on credit of Danish companies. Key factors are weak domestic demand, strong export headwinds and enhanced perception of the risk of B2B payment default.
The Atradius Payment Practices Barometer is an annual survey of business-to-business (B2B) payment practices in markets across the world. These are the 2023 survey findings for Western Europe.
To fill temporary liquidity gaps and maintain healthy cash flow, 55% of companies polled in Belgium said they requested trade credit from their suppliers as an alternative to bank loans.
The energy transition offers benefits for fuel importers in declining their import bill. Nevertheless, not all their problems are likely to be resolved.
