The National Small Business Chamber (NSBC) is championing the importance of Big Business and Government paying SME suppliers within 30 days - click here to show the Smaller Business Sector your commitment to them.

Late payments at all-time high as SMEs
wait too long to get paid

  • Late payments to SMEs reach all-time high
  • Average amount owed to each SME at highest level
  • Big business to blame for SMEs waiting for payment
  • More than half of all SMEs burdened with late payments
  • SMEs are going out of business due to late payments

"We see SMEs going out of business every day, in many cases due to cash flow as a result of late or non-payment.

Prompt payment is vital to the cash flow of every business, and especially to smaller businesses. The Prompt Payment Code is about encouraging and promoting best practice between government, larger organisations and their SME suppliers."
- Mike Anderson: NSBC Founder & CEO

Small enterprises suffering under big companies
ENCA - Moneyline

Classic Business with Michael Avery
Radio Interview: Classic FM Read more

SME Ombudsman would save jobs
Published by: Politics Web Read more

Prompt Payment Code
Published: The Small Business Site Read more


Red Tape Reduction Indaba hosted by the Department of Small Business Development and the European Union

Mike Anderson delivers a keynote address encouraging big business and government to pay small businesses on time.

Small Enterprises Suffering under Big Business Bullies

Mike Anderson
NSBC Founder & CEO

Mmusi Maimane

Toby Chance
Shadow Minister for Small Business Development (DA)

Become an NSBC Partner now and display the Proud Partner to the Prompt Payment Code logo on your website and stationery!


Pay suppliers on time
Within 30 days once the final valid compliant invoice is received.

Give clear guidance to suppliers
Providing suppliers with clear and easily accessible guidance on payment procedures. Advising within 7 days if the invoice is incorrect.

Encourage good practice
By promoting the code throughout their own supply chains.

* All submissions will be reviewed. On approval you will receive an email confirmation of your listing as a Partner of the Prompt Payment Code.

Want to know more about the Prompt Payment Code?
See the most frequently asked questions here.