If you are a UK registered company, charity, Government, NHS or Educational Establishment and have been trading for more than 24 months we typically grant an immediate credit account with payment terms of 30 days from date of invoice.
CREDIT ACCOUNT ORDERS
You may apply to us in writing to set up a credit trade account which we may grant or refuse in our absolute discretion (“Credit Account”).
Please send any account requests and payment information to the email address below:firstname.lastname@example.org
If you have a Credit Account you will not have to pay the full sum upon ordering but may pay for any Products ordered by you within 30 days of date of our invoice.
If you do not pay on time we may (without prejudice to our other rights and remedies) suspend your account and/or withdraw the Credit Account in our absolute discretion at any time by email notification to you and also charge interest.
For the avoidance of doubt, if you hold a Credit Account the provisions of this condition apply in addition to the other Terms and also in addition to the Credit Account terms and conditions which have been provided when you open a Credit Account with us but if there is any conflict between the provisions of this condition 6 and the Terms, this condition shall prevail for those with a Credit Account.
If you hold a Credit Account but choose to order directly from the Website and to pay for your order upfront, the provisions of this condition shall not apply to that order.
If you fail to pay us any sum due pursuant to the Contract, you shall be liable to pay interest to us on such sum from the due date for payment at the annual rate of 4% above the base rate from time to time of Bank of England, accruing on a daily basis until payment is made, whether before or after any judgement We reserve the right to claim interest under the Late Payment of Commercial Debts (Interest) Act 1998.
Payments may also be made by credit or debit card, by BACS transfer or by cheque and we shall not despatch any Products until we receive cleared funds. No payment shall be deemed to have been received until we have received cleared funds.
Your payment will be processed by a secure connection at the time you place your order on the relevant section of the Website.
INSOLVENCY OF BUYER
If the Buyer becomes insolvent, has an administration order made against it, makes a voluntary arrangement with its creditors, ceases to carry on business, has a receiver appointed or goes into liquidation, then without prejudice to the Seller’s other rights and remedies, the Seller may cancel any contract with the Buyer without liability to either party, or suspend deliveries, but any price not paid shall become immediately due not withstanding any other terms agreed.
Until payment has been received in full, Fortuna Power Systems Ltd T/A HomeOfficeEquipment.uk retain full title and ownership of the software or hardware provided.