Credit sales agreement | credit Facility Form

When a company sells his goods without getting money at the time of delivery, it is called credit sales. Credit sales occur when the buyer pays money after a certain period of time, he receives his goods and pays later.
Credit sales agreement means that a company selling his goods on credit at certain terms and condition mentioned on the credit facility form/agreement. The credit sales facility form duly stamped by a government authority to ensure the legal existence of buyer’s company. In case of non-payment or delay in payment, this credit agreement can be used to sue that company to get the payment back.
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