Dear colleagues,
For your protection.
Please read…..
Going forward, all new customers by default are on COD term unless Hoyer and your organisation mutually agree on a established credit term.
When your customer apply for credit terms, please do your due diligence and send their application (with supporting docs / Business Rating / Financial Search)
to discuss with us if credit can be granted.
It is advisable you review your existing customer base to review their financial / business health condition and reassess the credit rating and term.
Please remember, do not grant your customer credit term without Hoyer’s mutual agreement unless your organisation assume all credit risk.