Freelancers being hit with rise in Late Payments

Late payments are a quiet, yet powerful economic disruptor. Whilst they impact businesses of all sizes, studies have shown small and medium enterprises (SMEs) and freelancers are particularly at risk, with the impact of late payments leading to extreme financial instability, debt and even closing down.
Freelancers are very often self employed or small one man businesses. A client not paying an invoice can hit hard, both mentally and economically.
Freelancer Late Payments are an economic disrupto