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Opening a Credit Account for My Business
We do offer trade credit account to sole traders and companies who meet the trade credit account opening criteria. Interested applicants may submit their applications and documents for assessment. -
Required documents for opening a credit account
The following documents are needed to open a credit account: (i) Customer (Business) Valid photo ID Company bank statement (recent 3 months) Bank reference Company registration certificate TIN registration Project details Company profile Particulars of Directors (Digital certificate) (ii) Guara... -
We only offer 30 days payment terms. An interest of 18% per annum will be accrued on any outstanding payments.
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We often get asked if there is a dollar value limit for which an application can be made. Well, there is no specific credit limit in place. We determine these on a case-by-case basis depending on customer eligibility (determined by credit committee) and project the customer wishes to finance.
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Interest Charges on Trade Credit Account
We do not charge any upfront interest; however, an account fee will apply if the payment is not updated within the agreed timeframe. The interest rate for this is 18% per annum on overdues. -
We do not open credit account for individuals; however, we offer building materials on hire purchase and Cash on Delivery (COD) to our customers.