Cash Flow Protection Pack

Trading Terms (With Interest) Clause

What is a Trading Terms (with Interest) Clause?

A Trading Terms (with Interest) Clause outlines your payment terms to your prospective Customer, including additional charges (such as interest) on late payments.

How can it help your company?

By inserting a Trade Terms (with Interest) Clause into your Invoices and Order Forms you will be providing clear advice to your Customers as to when Invoices must be paid, together with the interest that will accrue on overdue invoices.  Further, such documents may be used as evidence of knowledge of your terms by the Customer, should debt recovery through legal proceedings become necessary.

How to complete the Trading Terms (with Interest) Clause to use for your company.

We have specifically designed this Trading Terms (with Interest) Clause for use on your existing Invoices and Order Forms.