Company or Trading Name

ABN

Trading address

Is it your delivery address? - Yes - No

Postal address

Is it your delivery address? - Yes - No

Telephone:                  Fax:                    Mobile:

Email:                   Website:

Owner's / Director's Information:

Trade References:

Reference 1

Company Name:
Telephone:
Contact person:

Reference 2

Company Name:
Telephone:
Contact person:

Reference 3

Company Name:
Telephone:
Contact person:

Reference 4

What is the maximum credit amount you are applying for? 

Please, enter name of the person who filled in this application form

1. Payment for the first two orders should be made within 7 days of goods receipt
2. Payments for the following orders are strictly net thirty days from invoice date
3. Short deliveries, breakage and credit claims must be lodged within seven days of receipt of goods
4. Property title in the goods remains with Billabong Factor until payment is received in full
5. Billabong Factor sets a credit limit and reserves the right to withhold supply without notice on overdue accounts
6. Any costs incurred by Billabong Factor in recovering any amounts outstanding on your overdue account will be to the expense of the account holder.

Do you accept our Trading Terms? - Yes - No

Statement by Proprietors, Partners or Directors

To: Billabong Factor

1. I/We acknowledge that any credit granted following this application will be subject to the terms and conditions stated in this application or as subsequently varied by Billabong Factor at its discretion and advised to me/us.
2. Payment for the first two orders are to be made within 7 days of goods receipt. For the subsequent orders payment terms are “Net 30 Days”, payment being due within 30 days from the date of invoice. Account payments are not subject to any settlement discount.
3. Credit limit approved by Billabong Factor and advised to the applicant must not be exceeded.
Billabong Factor periodically reviews its credit limits. By signing these Terms of Credit you request Billabong Factor to review and revise your credit limit from time to time. Billabong Factor may increase your credit limit at your specific request. Billabong Factor may reduce your credit limit at your specific request. Billabong Factor may also reduce your credit limit without approval, but will not reduce your credit limit below the outstanding balance on the Account at the time of the reduction without prior consultation with you.
4. Ownership in goods invoiced remains with Billabong Factor and does not pass to the purchaser until such time as payment is made in full. Notwithstanding the ownership in the goods remains with Billabong Factor until full payment is made, risk in the goods passes to the purchaser immediately upon delivery of the goods to the purchaser.
5. Billabong Factor, or its representatives, reserves the right to actively pursue collection of outstanding amounts, and costs, if any, will be passed on to the account of the customer.
6. Billabong Factor may at any time set-off amounts owed by Billabong Factor to the Applicant from the amounts owed by the Applicant to Billabong Factor. Billabong Factor will ordinarily apply payments against the oldest outstanding amount due.
7. Billabong Factor hereby advises that, pursuant to s. 18E(8) of the Privacy Act 1988, information disclosed in the course of this credit application may be disclosed to a credit reporting agency.
Under Section 18E(8)(c) of the Privacy Act 1988 Billabong Factor is allowed to give a credit reporting agency personal information about your credit application, information which may be given to an agency is covered by Section 18E(1) of the Act and includes identity particulars (as permitted by the Privacy Commissioner’s determination issued under Section 18E(3);
the fact that you have applied for credit and the amount, the fact that Billabong Factor is a credit provider to you, payments which become overdue outside of agreed trading terms and for which collection action has been commenced; advice that payments are no longer overdue;
cheques drawn by you which have been dishonoured more than once;
in specific circumstances, that in the opinion of Billabong Factor you have committed a serious credit infringement;
that credit provided to you by Billabong Factor has been paid for or otherwise discharged.
Pursuant to ss. 18K(1) and 18N (1) of the Privacy Act 1988 and para. 2.12 of the Credit Reporting Code of Conduct issued under s. 18A of that Act, you hereby agree to Billabong Factor obtaining personal information from a credit reporting agency or a credit provider for the purpose of assessing this application for commercial credit (including information as to creditworthiness);
and agree to that agency or provider providing that information to
Billabong Factor for that purpose. You further agree to the obtaining from, and provision by, such agency or provider further credit reports, which may assist Billabong Factor in recovering any sums outstanding under the terms of the commercial credit agreement to which this application may lead.
8. Billabong Factor is not liable for any costs incurred in the completing of this Credit Application form.
You are responsible for any stamp duty or other government charges levied on or in connection with this Application, Terms and Conditions, credit facility or guarantee.
9. Failure to comply with the “Terms of Credit” may result in “terms” being amended or credit withdrawn without notice.
10. Director’s Guarantee – If you are a body corporate, Billabong Factor may require one or more of your directors or officers to guarantee repayment of the balance of the credit facility. Billabong Factor will notify you of this requirement and seek your consent.
11. Confidentiality of your information – Except as required by law, Billabong Factor will only use or disclose your personal information as necessary for the credit facility. For example, to Accounts Receivables staff or to external auditors.
12. Default – If you or an authorised operator:
(a) obtain credit by fraud or dishonesty;
(b) allow the amount of a monthly statement to remain unpaid for more than 30 days from its date;
(c) breach any of these terms and conditions;
(d) use the credit facility in circumstances where Billabong Factor believes that the continued use of the credit facility may cause loss or damage to you or Billabong Factor; or if
(e) any person who has guaranteed your obligations under the credit facility withdraws his, her or their guarantee, then Billabong Factor may close or suspend the credit facility. If the credit facility is closed or suspended then Billabong Factor may require immediate payment of all outstanding amounts. Suspension or cancellation does not affect any of your obligations or those of any authorised operator in respect of the credit facility.
 

If you accept our trading terms and all twelve paragraphs of "Statement by Proprietors, Partners or Directors", please print out this page for your records and click "Submit" button.

If you don't accept any of terms set above, please click "Reset" button and email us your inquiry