Debt collection in agriculture
Debt collection in the agriculture industry can be a challenging process. It is important for your business that you are paid on time. Ultimately, you should receive what you are entitled to. Many different parties and agreements are involved between farming, breeding, livestock, fertiliser, grain or crop companies, resulting in different rules and regulations. Are you encountering one of the following challenges?
- You have an unpaid invoice
- Farmers have not received their invoices
- The storage conditions were not specified meaning that the fresh vegetables have become spoilt
- The quality of the manure is insufficient
- According to your customer you have not delivered the exact weight of fruit or vegetables
- Your customer has not fulfilled their contractual obligations
Payment behaviour in agriculture
Businesses within the agriculture industry are focused on long term relationships and are characterised by a large network of social and business relations. In most cases, contracts are not even involved, as the invoice itself serves as the contract. Many companies within the agricultural sector are characterised by their lack of documentation. When there is any form of payment conflict or dispute, these are resolved among the stakeholders themselves. For instance, if a deal goes wrong, the stakeholders can compensate in the next order. However, if this is not the case for you, our agricultural solicitors can help you retrieve your payment.
Debt collection in agriculture
Many companies with agricultural industries are considered as one of the worst payers in Europe. On average there is a payment term of 40 days, which results from poor invoice management that causes many delays. In some cases, different rules and regulations may apply depending on the type of agricultural good. Written contracts rarely exist in agriculture, and often include strict payment terms with short payment periods. If you are not paid on time, and you need to negotiate the payment term, you can rely on us for assistance.
Our working method – No Cure No Pay
During the extrajudicial phase, we work based on No Cure No Pay. We believe it is important to try to solve the case during this phase, without court intervention. You will only have to pay €150 for administrative costs. Should legal action be necessary, then we can help you perform a credit check and analyse your debtor’s financial status. We will discuss the costs with you and will only start working on your case after receiving your permission.
International debt collection in agriculture
If your customer is located abroad, you may also encounter an unpaid invoice. Our team of international experts can get your debtor to pay. They have the knowledge and experience with both national and international debt collection in the agriculture industry.
Advantages when hiring our debt collection lawyers
- We retrieve the payment that you are entitled to
- No Cure No Pay debt collection
- Extensive knowledge and experience within the agriculture industry
- We can help you with your national and international case
- We can help you throughout the entire process, from talking to your customer to executing a verdict
Agricultural law solicitor
We understand the payment behaviour of companies in the agricultural sector. We know how such agreements should work in theory and in practice. Therefore, we believe that it is important to provide practical advice that is as close to normal business operations as possible. For instance, we look at your operations and see how we can build in checks and balances. In addition, we also ensure that these checks and balances are implemented and executed in the right way.
For years, Bierens has helped many companies across different industry sectors. Our team of debt collection lawyers also specialise in international debt collection. Whether you have a debt collection case in your own country or abroad, our lawyers have the expertise and knowledge to help you. Do you have a customer in the agriculture industry who has left your invoice unpaid? Or do you have a different conflict with your customer? Then send us your invoice right away. Our specialists will immediately start working on your case.