Polish companies experience delays in payments and more often grant trade credit to their contractors

Late payment cases in Poland have increased by 76 percent since the outbreak of the Covid-19 pandemic, according to the latest Payment Practices Barometer, presented by Atradius. 49 percent of entrepreneurs asked for trade credit insurance, and the value of outstanding B2B invoices issued by Polish companies increased by 44 percent.Trade credit is currently used for 55 percent B2B sales of companies surveyed in Poland, compared with 49 percent last year.