Customer Application | HEQS Wholesale

1. General Information

2. Contact & Invoicing Information

3. Dirctors, Sole Traders and Partnerships

If more than 2 please indicate how many

4. Guarantee and Indemnity NeedIflow Network Pty Ltd (Trading as HEQS Wholesale Group)

In applying for credit with HEQS, I/we (who in these terms will be referred to as "the Customer") 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 HEQS at its discretion and advised to the Customer.
Payment terms are "Net 7 Days", payment being due within 7 days from the date of invoice unless alternative terms are agreed upon by HEQS in writing. Account payments are not subject to any settlement discount.
Credit limit approved by HEQS and advised to the applicant must not be exceeded. Credit limit is from $2000 and up to $10000. HEQS periodically reviews its credit limits. By signing these Terms of Credit, the Customer permits HEQS to review and revise its credit limit from time to time. HEQS may increase or reduce the Customer's credit limit at the Customer's specific request. HEQS may also reduce the Customer's credit limit without approval, but HEQS will not reduce the Customer's credit limit below the outstanding balance on the Account at the time of the reduction without prior communication with the Customer.
Ownership in goods invoiced remains with HEQS and does not pass to the Customer until payment is made in full. Notwithstanding the ownership in the goods remaining with HEQS until full payment is made, risk in the goods passes to the Customer immediately upon delivery of the goods to the Customer.
The Customer must not, in a commercial context, re-sell or offer for sale any goods purchased from HEQS without the written permission of HEQS and subject to any additional terms imposed by HEQS. The Customer will hold any proceeds arising from a sale of the goods in contravention of this paragraph on trust for HEQS.
HEQS, 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.
HEQS may at any time set-off amounts owed by HEQS to the Customer from the amounts owed by the Customer to HEQS. HEQS will ordinarily apply payments against the oldest outstanding amount due.
The Customer indemnifies and holds harmless HEQS and its officers, employees and agents from and against all actions, claims, proceedings or demands which may be brought or made against it or them or any of them in respect of any loss, injury, or damage arising out of any breach of these terms and conditions by the Customer or any negligent act or omission by the Customer and from and against all damages, costs and expenses incurred in defending or settling any action, claim, proceeding or demand arising from such breach, act or omission.
So far as the law permits, the liability of HEQS for a breach of a condition or warranty that cannot be excluded is limited, at the option of HEQS, to:
1. the replacement or repair of the goods;
2. the supply of equivalent goods; or
3. the cost of replacing or repairing the goods or of acquiring equivalent goods.
HEQS 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 HEQS is allowed to give a credit reporting agency personal information about the Customer's 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 the Customer has applied for credit and the amount, the fact that HEQS is a credit provider to the Customer, 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 the Customer which have been dishonored more than once; in specific circumstances, that in the opinion of HEQS you have committed a serious credit infringement; that credit provided to you by HEQS 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, the Customer hereby agrees to HEQS 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 HEQS for that purpose. You further agree to the obtaining from and provision by, such agency or provider further credit reports, which may assist HEQS in recovering any sums outstanding under the terms of the commercial credit agreement to which this application may lead.
HEQS 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.
Director's Guarantee - If you are a body corporate, HEQS may require one or more of your directors or officers to guarantee repayment of the balance of the credit facility. HEQS will notify you of this requirement and seek your consent.
Confidentiality of your information - Except as required by law, HEQS will only use or disclose your personal information as necessary for the credit facility - for example, to Accounts Receivables staff or to external auditors.
Default - If you or an authorized operator:
1. obtain credit by fraud or dishonesty; or
2. allow the amount of a monthly statement to remain unpaid for more than 7 days from its due date; or
3. breach any of these terms and conditions; or
4. being an individual commit an act of bankruptcy or become insolvent under administration; or
5. become an externally-administered body corporate or have an application for winding-up filed against you; or
6. use the credit facility in circumstances where HEQS believes that the continued use of the credit facility may cause loss or damage to you or HEQS; or if
7. any person who has guaranteed your obligations under the credit facility withdraws his, her or their guarantee, then HEQS may close or suspend the credit facility. If the credit facility is closed or suspended then HEQS may require immediate payment of all outstanding amounts. Suspension or cancellation does not affect any of your obligations or those of any authorized operator in respect of the credit facility.

5. Authorisation

Business Account Application

HEQS Wholesale Group

HEQS Wholesale Group

Business Account Application

HEQS Wholesale Group

HEQS Wholesale Group