Terms
In processing your application for credit facilities we may make enquiries of credit reference agencies and other third parties who may record those enquiries.
We may also disclose information about the conduct of your account to credit reference agencies and other third parties.
The information obtained from or provided to credit reference agencies or other third parties may be used when assessing further applications for credit terms, for debt collection, for tracing and for fraud prevention.
I, the undersigned hereby confirm that if credit facilities are approved the account will be paid as per your normal monthly terms, and I guarantee, jointly and severally, to indemnify you for any amount outstanding from time to time on the said account, in the event of non-payment by the company, in whose name such credit is hereby sought.
I also agree personally and on behalf of the company, to pay interest at the rate of 3% above base rate per annum on amounts outstanding for more than 60 days.