Latin America: companies are tightening credit in the face of rising late payments

In an uncertain economic climate, companies in Latin America are tightening their credit terms to protect themselves, but without managing to stem the rise in payments delays.

Nearly 8 in 10 companies are now facing payment delays, a rising figure, despite shorter payment terms. This dual trend illustrates the mounting cash flow pressures in the region, against a backdrop of high financing costs and fierce competition.