- Many businesses are having to wait longer for payments from other companies because of the coronavirus crisis
- ABN AMRO offering a new service that solves this problem and also helps companies that need extra liquidity to grow
- Starting this month, business owners use the ABN AMRO internet banking environment to select and assign individual invoices to ABN AMRO
- If an invoice selected, 90% of the invoice amount credited to the business’ account within one day of the invoice approved
- The business owner pays an average fee of 2.4% per invoice and the rest of the debt collection process taken care of for them
- The flexible new service especially interesting for startups and small businesses
