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ABLD's Secure Payment Program
1. What is it? AgriBusiness Legal Desk
ABLD’s Secure Payment Program™ is an invaluable legal AgriBusiness Legal Desk (‘ABLD’) is an Amsterdam law firm
tool for exporters to Europe to manage quality risks, credit that provides legal services to companies that are active in
risks and legal risks. ABLD’s Secure Payment Program™ the international food and agribusiness industry.
ABLD’s Secure provides an easy to use format for agreeing clear business
terms with trading partners. It is an affordable and effi-
Payment Program™
cient alternative for exporters who don’t receive payment www.AgriBusinessLegalDesk.nl
upfront and/or for whom credit insurance is not a solution
that covers their full risk exposure. Phone +31 - 88 - 007 8000
E-mail info@abld.nl
for exporters to Europe What does it do? Amsterdam, the Netherlands
ABLD’s Secure Payment Program™:
• limits the scope for product quality complaints by
clearly defining time limits
• gives exporters the benefits of EU-legislation to pro-
tect against late payment
• provides exporters with a pledge1 to their importers’
AgriBusiness Legal Desk is the trade name of ABLD Advocatuur B.V,
receivables as collateral against default and bankrupt-
a private limited liability company established in Amsterdam (the
cy of the importer Netherlands) and registered with the trade register at the Amsterdam
• sets your lawyer up with legal tools that enable swift Chamber of Commerce n° 3427.4414. AgriBusiness Legal Desk is also a
registered trademark.
and effective actions on your behalf, if the need arises
What does it cost?
ABLD’s Secure Payment Program™ typically costs between
0.6% and 0.9% of turnover for medium and small sized
exporters.
Why would you use it?
Hope for the best in business but prepare for the worst: An
exporter who wants to achieve success should also pre-
pare himself to face difficulties.
1
The law of the Netherlands is applicable to ABLD’s Secure Payment Pro-
gram™. The word ‘pledge’ as used in this brochure is a translation and
refers to ‘pandrecht’ in article 3:236 of the Dutch Civil Code.