Credit Application Terms

WHAT’S IT FOR?

Credit Application Terms record the terms under which you’ll provide credit to customers of your business. The terms will record the details of your credit arrangement, including clauses setting when payments fall due, interest payable on overdue amounts and your rights in the event that you need to take further action to seek payment for the goods. It is important you engage a lawyer to ensure you are appropriately protected.

WHAT’S INCLUDED?

We’ll draft Credit Application Terms and advise regarding registering a security interest according to the requirements of your business.

This package includes:

• Drafting Credit Application Terms in accordance with the requirements of your business and explaining the key terms
• Phone consultations (up to 60 minutes) with a Sprintlaw lawyer who will take your instructions, advise you on the legal issues you need to know and answer your questions about the document
• 1 x complimentary amendment to the final draft we provide you, as long as you request the amendment within 10 business days of us delivering the final draft

Please note that this package is to be used in addition to standard terms & conditions. This package does not cover business-to-consumer credit arrangements or include any regulatory advice.