YOUR TERMS OF TRADE
  • Your Terms of Trade including a cost of collection clause must be conveyed to your debtor prior to you providing your goods and services if you wish us to attempt to recover collection costs, on unpaid accounts (Fair Trading Act).
  • Discuss other options such as obtaining a Personal Guarantee from Company Directors
  • Display your Terms of Trade in your reception area, quote pads or back of your business cards: "you will be liable for any and all collection costs including commission and agency fees on unpaid accounts that we would normally have to pay for this service" should be part of your Terms of Trade and clearly displayed.
  • Please call to discuss if you are in doubt - 0800 724366 / 06 873 7117