Expectation is the economy will deteriorate further in the short term and only speculation on how long the current recession will last. Significant cash flow stress on businesses and individuals is compounding payment issues causing significant increases in the time accounts are being paid, becoming delinquent or requiring debt recovery.  In these turbulent times, your best protection and invaluable source for positive cash flow/debtor protection is having comprehensive and tailored Terms of Trade. 

Terms of Trade are designed to improve your cash flow, resolve disputes and protect your interests. 

Our network of specialist will develop your terms carefully, cost effectively, specifically suited to your unique needs. If your terms do not have the following, your business is potentially exposed and you should contact us immediately to arrange a review:

·         The legal name of entities entering agreement

·         Legal rights to payment for goods or services your organisation supplies

·         Payment agreements

·         Payment deadlines

·         Retention of title

·         Time limits for defects

·         Terms and conditions specific and unique to your business

·         Limitation of liability

·         The inclusion of a personal guarantee

·         Penalties for late payments (default interest, collection and legal costs)

Your terms of trade should also include clauses for addition legal compliance and protection 

·         The personal Property Securities Act, 1999

·         The Fair Trading Act, 1986

·         The Privacy Act, 1993

·         The Consumer Guarantees Act, 1993.

·         Any other Acts that may be applicable to your business or organization

If your organisation has existing terms of trade, our networks 'Terms of Trade' specialist will review these to ensure they include the very latest provisions provided and required by law. Contact us NOW to protect your financial future. It may cost LESS than you think. 

Can you afford not to investigate how you can be protected through your terms of trade?

Do you want better cash flow?

Do you want a cost effective, proactive smart business solution? 

Contact us to arrange an obligation free and confidential chat to one of our specialists. Terms@nzblacklist.com