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The credit insurer warns that deteriorating payment discipline and an uncertain economic environment are creating mounting challenges for SMEs.
Roughly one‑quarter of corporate bankruptcies stem directly from unpaid debts, and more than 14,000 insolvency proceedings were launched last year, one of the highest figures in the region.
Payment problems are most acute in construction, retail, and services, where many SMEs operate with limited information about partners’ financial stability and rely heavily on deferred payments.
On average, receivables account for nearly 40% of small firms’ assets, meaning even a single delayed payment can jeopardize financing and day‑to‑day operations.
Coface notes that commercial credit insurance remains underused among smaller companies, despite off ering protection against non‑payment and providing partner‑risk data and ongoing monitoring.
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