Credit Account Application Requirements
To apply for a Trade Credit Account, you will be required to complete our formal application form providing the following information:
1. Business & Identification Details
- Applicant Entity: Full Legal Name of Applicant
- Company Identifiers: ABN & ACN
- Registered Trade Name: Trading Name (if different from legal name)
- Business Profile: Date Business Commenced & Nature of Business
- Key Personnel: Full Details of Partners / Directors (Name, DOB, Address, Drivers Licence, Title, Mobile)
2. Contact & Logistics Information
- Addresses: Registered Postal Address & Standard Delivery Address
- Operations: Preferred Delivery Time & General Contact (Phone/Email)
- Accounts Payable: Dedicated AP Contact Person, Direct Phone, and Email
- Purchasing: Dedicated Buying Contact Person, Direct Phone, and Email
- Banking Details: Name of Banking Institution
3. Credit & Purchasing Preferences
- Account Capacity: Estimated Monthly Purchases & Credit Limit Requested
- Requested Terms: Selection of COD, 14 Days, or 30 Days
- Order Management: Purchase Orders Required (Yes/No) and designated PO Email
- Trading History: Disclosure of prior trading history under any other account name
- Trade References: Minimum of three (3) active commercial trade references required (including Company Name, Contact Person, Phone, Email, Address, and Current Credit Terms)
Standard Terms & Conditions
Between:
The Trustee for Freshway Cleaning Chemicals Supplies Unit Trust (ABN 18 773 054 807) (“Supplier”)
and
The Entity named in the Credit Account Application (“Customer”)
1. Acknowledgement
1.1 These Terms & Conditions govern all Products supplied by the Supplier to the Customer under any purchase order, quotation or credit arrangement.
1.2 Placement of any order constitutes acceptance of these Terms.
1.3 These Terms prevail over any terms issued by the Customer unless expressly agreed in writing.
2. Prices
2.1 The Customer must pay the Supplier’s prices as specified in the Supplier’s price list at the time of order.
2.2 The Supplier may increase prices by providing no less than 90 days' prior written notice.
2.3 Freight, delivery, taxes, duties and charges will be included or separately itemised on the invoice.
3. GST
The Customer must pay GST and any other taxes, duties, fees & levies for the products supplied. The amount that the Customer owes the Supplier will be stated in an invoice to the customer.
4. Terms of Payment
4.1 All invoices are payable strictly 30 days from the date of the invoice.
4.2 A minimum monthly spend of $2,000 (including GST) applies to this credit account. The Supplier may review, reduce or withdraw credit facilities if this minimum is not maintained.
4.3 The Customer's first order will be supplied on a Cash on Delivery (COD) basis. Approved credit terms will apply to subsequent orders once the account has been established.
4.4 The Customer may not withhold payment due to a dispute unless agreed by the Supplier.
4.5 Overdue amounts accrue interest at 2% per month, calculated daily.
4.6 The Supplier may suspend further deliveries if any amount remains unpaid.
5. Delivery & Risk
5.1 Delivery dates are estimates only. The Supplier is not liable for delays.
5.2 The Supplier shall endeavor to effect delivery of the Products at the time(s) required by the Customer, but failure to do so shall not confer any right of cancellation or refusal of delivery on the Customer.
5.3 Risk passes to the Customer upon delivery to the Customer’s nominated location.
5.4 Title remains with the Supplier until payment is received in full.
5.5 The Customer must inspect Products and notify defects within 7 days. Failure to do so constitutes acceptance.
6. Returns
6.1 Subject to law, the Supplier is not obliged to accept returns.
6.2 A restocking fee of 20% applies for approved returns.
6.3 The Customer must pay freight for returns unless the Supplier is at fault.
7. Cancellation of Orders
7.1 The Customer may cancel an order within 24 hours of placement without any penalty or indemnity only if the Products are standard stocked items.
7.2 The Customer may not cancel orders for:
- (a) special-order or non-stock goods,
- (b) goods already dispatched, or
- (c) goods purchased specifically to fulfil the Customer’s order.
7.3 The Customer must reimburse the Supplier’s costs for unauthorised cancellations.
8. Legal Title & PPSA
8.1 Title does not pass until full payment is received.
8.2 The Customer must hold Products as bailee and store them separately until paid.
8.3 The Supplier may repossess unpaid goods and enter premises to recover them.
9. Default
The Customer is in default if:
- (a) it fails to pay an invoice when due;
- (b) becomes insolvent;
- (c) commits a material breach of these Terms.
Upon default, the Supplier may:
- Deem all amounts immediately due;
- Suspend or cancel supply;
- Recover Products;
- Recover all enforcement costs including legal fees.
10. Warranty
10.1 Manufacturer warranties apply.
10.2 To the extent permitted by law, all implied warranties are excluded.
10.3 The Supplier is not liable for consequential loss.
11. Limitation of Liability
11.1 To the extent permitted by law, the Supplier shall not be liable to the Customer for any injury, harm, loss, damage, costs, expense or other claim including economic loss arising from the supply of the Products.
11.2 Where liability cannot be excluded, it is limited to:
- (a) replacement of the Products;
- (b) repair of the Products; or
- (c) reimbursement of the cost of replacement or repair.
12. Force Majeure
The Supplier is not liable for failure to perform due to events outside its control. This includes, but it is not limited to adverse weather, natural disasters, industrial action, shortages of materials, transport delays, equipment failure, government restrictions, or other unforeseen events. The Supplier will notify the Customer where possible and will resume performance as soon as reasonably practicable.