European Payment Report 2020

The European Payment Report 2020 outlines how late payments impact business outlook among 10,000 companies in 29 European countries. This year’s results show shaken European economies and business operations that are brought to a halt in many sectors.

European businesses preparing for historic recession

Hospitality and leisure sectors most concerned about the impact of recession amid government restrictions

A widening payment gap threatens business growth

More than four in 10 predict the risk or late or non-payment will rise in the next 12 months

Real estate and construction sector hit hardest by payments

Businesses accepting longer payment terms in a bid to avoid bankruptcy

“We need to think quickly, on our feet, and respond with the correct strategy. We need to balance the need to secure our credit with maintaining customer loyalty. This is a difficult line to tread, but crucial to get right”

Fabrizio Trinei, Avis Budget Group EMEA

Download the report