Courts- Corporate Credit Line - Application B - Courts Fiji

Interest Free for 90days.
2% per month penalty interest applicable thereafter
Weekly, Fortnightly, Bi-Monthly or Monthly installments recommended

* Please complete the Credit application form below and our COURTS CREDIT TEAM will contact you within 2-3 working days.

Apply for Courts Corporate Credit Line Option Now.

* Mandatory

IT IS AGREED Courts will supply and hire the Goods and the Customer will take them on hire upon the following terms and conditions.

Business Trading Name*

Business Address

Address Line 1*

Address Line 2*

City/Town*

Other - Please Specify*

P.O.Box Number*

Other*

Email address*

Land Phone*

Mobile*

Fax

Delivery Address*

Address Line 1*

Address Line 2*

City/Town*

Other - Please Specify*

Company Registration No.*

VAT Registration No.*

I/We undertake to pay all our Trade Credit Line & subsequent purchases within the 30-90Days timeframe as approved and fully agree to the following terms & conditions.:

Retention of Title

Property in the goods shall pass to the Customer when full payment for the goods has been received by Courts.
Courts may, without prejudice to any of its rights, retake and resume possession of the goods which remain the property of Courts and may for that purpose enter the Customer's premises or any other place where goods may be upon the occurrence of the following events :
1. 1. 1. The Customer commences proceedings for voluntary winding up or is placed in Winding –up by any other Creditor;
    2. The Customer becomes insolvent or commits an act of bankruptcy or makes an assignment for the benefit of a creditor;
    3. The Customer makes two successive defaults of payments, or a default in respect of the last payment and Courts has served the notice in terms of section 163 (1) (b) of the Act and the time period fixed by the notice under the Act has expired; or
    4. The Customer is in breach of any of the terms & conditions of the agreement and in fully repaying any or all trade or 30 day accounts outstanding for more than 30 days.

For the purposes of point 2 herein, the Customer hereby consents to Courts, by itself or by its agents or employees entering its premises to retake possession of the goods.
I/We irrevocably authorise Courts as an approved credit report recipient, to conduct the necessary enquiries and verifications to help assess my/our credit application including a credit opinion if required from any approved credit reporting agency or other reliable sources that may have personal or business related financial information about me/us.
I/We also irrevocably authorise Courts to obtain from my Income sources all remuneration or income details including deductions and updates relevant to the appraisal of my credit application including ongoing management of my debt to Courts.
I/We irrevocably authorize Courts as an approved credit information provider to disclose my/our credit information to a credit reporting agency.
I/We irrevocably authorize for the collection of my/our credit information by a credit reporting agency.
I/We irrevocably authorize Courts as a credit report recipient to obtain and use my/our credit information received from a credit reporting agency or other reliable sources that may have financial information about me/us, for business related purposes.
I/We irrevocably authorise Courts to retain an electronic copy of all documents used for appraisal of my credit application, which shall be enforceable in any proceeding against me/us in the same manner as the original documents.
In terms of your initial term approval of: 30 or 60 or 90 days ‘interest free’, a penalty interest rate of 2.00% per month is applicable thereafter.

“I/We declare that the credit to be provided to me/us by the credit provider is to be applied wholly or predominantly for business or investment purposes (or for both purposes)”.

IMPORTANT
You should not sign this declaration unless this loan is wholly or predominantly for business investment purposes (or for both purposes). By signing this declaration you may lose your protection under the Consumer Credit Act 1999.

Name of Director (s) or Authorised Signatories:

Signature*

Signature

Name*

Name

Title*

Title

Contact

Email addresses or other pertinent information

Company Stamp/Seal*

Date*

Names of REFEREES:

Bank Relationship Manager

Name*

Bank*

Other - Please Specify*

Phone*

Email address*

Accountants

Contact Name*

Firm Name*

Phone*

Email address*

Legal Counsel

Contact Name*

Firm Name*

Phone*

Email address*

Company Trade Referee

Contact Name*

Firm Name*

Phone*

Email address*

Please enclose copies of the following Documentations:

Business Registration Certificate*

TIN Letter*

Vat Registration Certificate (if applicable)*

Vat Compliance Certificate*

Particulars of Ownership/Business Constitution/Minutes*

Latest Bank Statements on operating account [Minimum 4-6 months]*

Copy of Audited or Certified Financial statements or Tax Assessments for the recent 1-2 years*

Copy of Directors valid photo id with Date of Birth – e.g. Driving Licence, Voter ID, Joint FNPF/FCRA ID or Passport Copy.*

Foreign Investment Registration Certificate Approval, Directors work permit & passport copy (if applicable for non-residents)*

Name of Authorised Person/s to manage Orders*

Designation

Phone Contact

Email address

Contact Name for Payments

Designation

Phone Contact

Email address

Credit Limit Required*

Term - Maximum 3 months*

You may contact us on Phone: 3381333 | 2281333 / 9981177 or Email: trade@vision.com.fj

THANK YOU for your patronage!

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Courts- Corporate Credit Line – Application B