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By Tony Zerucha
Cash flow optimization platform Fundbox‘s latest study of customer data from invoice payments through its platform found American small to midsize businesses (SMBs) collectively had more than $825 billion in unpaid invoices over the past year.
The study revealed the average small business has $84,000 in unpaid invoices, some of which are never repaid. At any given time 20 percent of invoices are unpaid.