Credit Facilities & Hire Purchase (CF/HP)

Who is a CF/HP client/entity?

• You are considered a CF/HP client/entity whenever you have a non-verbal agreement with the vendor company.

• In addition, you will be automatically classified as a  CF/HP client/entity with regards to a given product/service if  our accounts have not been credited ten days after an invoice/eInvoice has been issued/sent to you.

• When it comes to Custom Cloud Software development, deliverables shall not be remitted for the current phase (i.e., UAT phase) if our accounts have not been credited for a previous phase (i.e., Development/Coding phase).

• Deliverables will remain the property of  the vendor company  unless ALL project-based fees have been duly settled.