How do South-American growers ensure the bills are paid?

    Ensuring the bills are paid. A company might be getting great orders, but if it turns out you’re dealing with defaulters or fraudsters, it can lead to nasty situations. In the Netherlands, auctions ensure that suppliers quickly receive their money. But how does it work in other large flower countries like Ecuador and Colombia? A Dutch debt collection agency has more and more customers in those countries. 

    The reasons why customers don’t pay, vary from a negative cashflow or sloppy bookkeeping practices that don’t prioritise invoices, to simply malicious intent. Dutch debt collection and financial information agency AgroCheck knows all about it. This company, which is specifically focused on floriculture, speaks of a trend. In recent years, they have been getting more and more requests from flower traders in Colombia and Ecuador, the number two and three flower export countries in the world.

     

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