Delays in payments and defaults continue to grow in 2011 at the same rate as the previous year, mainly affecting SMEs autonomous and consumers, according to Intrum Justitia in a statement.
The director general of the English subsidiary of the Swedish company, Luis Salvaterra, explained that "this upward trend in delays will once again starring as the public administration and SMEs biggest loser and autonomous."
The company points out that, according to the National Federation of Independent Workers Association (ATA), if not met, the Act would close another 100,000 Delinquency autonomous businesses in 2011, of which 25% will be the main cause of late payment.
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