Contracts, Terms & Conditions — Credit Reality

Created by Amy Sara Price, Modified on Thu, 11 Jun at 1:26 PM by Amy Sara Price

Trade Shield  |  Knowledge Centre TRAINING & WEBINARS

Contracts, Terms & Conditions — Credit Reality

Approx. 45 min webinar  ·  Credit Thursdays  ·  Watch on YouTube

This webinar walks your credit team through the legal framework behind every T&C you send and every credit application you accept. Contracts, Terms & Conditions — Credit Reality covers what makes a credit agreement enforceable, where standard T&Cs typically fail, and how to close the gaps before a debtor exploits them in court.

Whether you are reviewing your current T&Cs, onboarding a new credit customer, or chasing a debt you cannot seem to recover — this session gives you the practical framework to protect your business from the paperwork up.

Please note: this is general guidance, not legal advice — where a decision turns on the law, confirm it with a qualified attorney.

What You Will Learn

✓ What makes a credit agreement legally enforceable — the 5 essential elements✓ Why a standard 30-day account is a “credit agreement” under SA law
✓ The most common gaps in T&Cs — with the exact fix for each one✓ What retention of title really means — and when it fails
✓ The landlord’s hypothec and how it can threaten your unpaid stock on leased premises✓ How to make surety binding: named, in writing, and binding on the estate
✓ What you can legally charge: interest, penalties, and attorney fees✓ A practical credit application checklist to run before approving any new account
1

Watch the Webinar — Contracts, Terms & Conditions

WEBINAR RECORDING

youtube.com/watch?v=kfKsFgpOXv8

Contracts, Terms & Conditions

Credit Thursdays  ·  Credit Reality  ·  Approx. 45 min

▶ Watch on YouTube
2

Who This Webinar Is For

Credit Controllers & Managers

Opening accounts, granting credit, and chasing overdue payments.

Legal & Compliance Teams

Reviewing and updating T&Cs to align with current South African legislation.

Financial Managers & CFOs

Responsible for credit risk exposure, bad debt provisioning, and audit readiness.

Sales & Onboarding Teams

Collecting signed credit applications and T&Cs from new customers.

3

Topics Covered in This Session

1

What Makes a Credit Agreement Enforceable?

The 5 essential elements your contract must have before it can stand up in court.

2

Clauses That Leave You Exposed

Common gaps in terms and conditions — with the exact fix for each one.

3

Retention of Title, Premises & Landlord Clauses

Protecting your goods when a customer’s building is leased — and the landlord’s hypothec risk under South African law.

4

Surety, Personal Liability & Acceleration

Making personal surety and penalty clauses explicit and enforceable — including what must be in writing under the General Law Amendment Act.

5

Interest, Fees & Legally Permissible Charges

What the NCA and CPA say about what you can and cannot charge — and exactly how to state it in your T&Cs.

6

Practical Steps for Your Credit Team

The full credit application checklist — including a live application walkthrough showing what the process reveals in practice.

ⓘ Tip: The single most important question on your credit application is: are the premises owned or leased? If leased, you must confirm the landlord, check the lease, include a ROT clause, and ideally get a landlord waiver — before you approve a cent of credit.

Download the Presentation Slides

PPTX

Contracts, Terms & Conditions — Webinar Slide Deck

Contracts_Terms_Conditions_CreditReality_11June2026.pptx  ·  19 slides

↓ Download Slides

The slide deck covers all the frameworks from the webinar — a handy reference to keep alongside the recording.

✓ The 5 elements of an enforceable credit agreement✓ Real T&C clause examples — what good looks like
✓ Common T&C gaps and the exact fix for each✓ ROT clause language and landlord waiver checklist
✓ Interest, fees and charges table (NCA / CPA)✓ The full credit application checklist
4

Related Resources

Need more help?

The support team is ready to assist

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article