Office of the Small Business Commissioner
The Office of the Small Business Commissioner
An independent body, set up to help small businesses deal with late paying larger companies.
The Office of the Small Business Commissioner (OSBC) is an independent public body set up by Government under the Enterprise Act 2016 to tackle late payment and unfavourable payment practices in the private sector.
The Office of the Small Business Commissioner considers complaints from small businesses (that is businesses with fewer than 50 staff) about payment problems they have with their larger business customers (with 50 or more employees), making non-binding recommendations on how the parties should resolve their disputes.
The OSBC have managed to resolve over £8m unpaid invoices so far.
Providing advice and recommendations on:
- resolving disputes and dealing with an unpaid invoice
- checking contracts and getting invoices right
- signposting small businesses to existing support and dispute resolution services.
In almost every situation where you’re dealing with a late payment, we recommend getting in touch with the OSBC to discuss your case to see if they can help you.