Commercial Credit Application & Agreement

Commercial Credit Application & Agreement

Commercial Credit Application & Agreement

Please complete the form below. All information is treated confidentially and will only be used to assess your credit application.


1. CREDIT APPLICATION (SUMMARY)


Credit Requested


PERSONAL GUARANTEE (IMPORTANT – LEGALLY BINDING)

This Personal Guarantee is required for all limited companies unless waived in writing by Advanced Fleet Care LTD.


3. CREDIT TERMS & CONDITIONS (ADVANCED FLEET CARE LTD)

3.1 Credit Approval
Credit is granted strictly at the discretion of Advanced Fleet Care LTD (“the Company”) and may be withdrawn or reduced at any time without notice.

3.2 Payment Terms
Unless otherwise agreed in writing:
● Standard terms: 14 days from invoice date. Compensation fees will be applied per invoice
● Debt recovery and legal costs will be fully recoverable
● The account may be immediately suspended without notice

3.3 Late Payment & Enforcement
If payment is not received by the due date:
● Statutory interest will be charged under the Late Payment of Commercial Debts (Interest) Act 1998

3.4 Retention of Title
All goods supplied remain the property of Advanced Fleet Care LTD until paid in full.
The Company reserves the right to:
● Reclaim unpaid goods
● Enter premises (where lawful) to recover goods
● Charge storage or recovery costs

3.5 Account Suspension & Termination
The Company may suspend or terminate credit immediately if:
● Payments are overdue
● Credit limit is exceeded
● Fraud or misrepresentation is suspected
● Terms are breached

3.6 Disputes
All invoice disputes must be raised within 7 days of invoice date. Undisputed amounts remain payable in full.

3.7 Governing Law
This agreement is governed by the laws of England and Wales and subject to the exclusive jurisdiction of the courts of England and Wales.


WhatsApp

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Email

hello@advancedfc.co.uk

Phone

02393 430171

Working Hours

Office 7AM - 7PM + 24/7 Breakdown