Business Account Terms
UGETMORE SOLUTIONS offers 30-day and 60-day payment terms for approved business clients (minimum order R500).
- Eligibility: Apply via admin@ugetmoresolutions.com with credit references. Approval within 5 working days.
- Terms:
- 30-Day Accounts: Payment due within 30 days from invoice date.
- 60-Day Accounts: Payment due within 60 days, subject to additional approval.
- Ownership remains with UGETMORE SOLUTIONS until full payment is received.
- Payment: Via Payfast or EFT to Standard Bank, Account Name: UGETMORE SOLUTIONS, Account No: 1022 7576 908, Branch Code: 051001. Send proof to admin@ugetmoresolutions.com.
- Late Payments:
- Interest: 2% per month (24% per annum, compounded daily), per the National Credit Act, 2005.
- Penalty: 5% of the outstanding balance for failure to honour terms, added to the next invoice.
- Non-payment may lead to account suspension, order cancellation, or legal action after 7 days' notice.
- Credit Limits: Set based on creditworthiness, reviewed quarterly.
- Invoicing: Issued via Xero, sent to the client's email.
- Disputes: Notify admin@ugetmoresolutions.com within 7 days. Unresolved disputes may be arbitrated, per CPA.