Financial matters: Credit limits

For the first order a credit limit of 6,000 Euro is available on a 30-day payment term. This is the credit limit available for us to release sales orders financially. If your sales order amount is higher than 6.000 Euro, a proforma invoice will be sent for the surplus amount. After the invoices of next orders are paid, this credit limit can increase by size of invoices paid to a maximum of 25,000 Euro.

-For example first order is 2k
-Second order is 3k. Once invoices are paid you have a credit limit of 5k (2+3)
-Third order is 3k. Once invoices are paid you have a credit limit of 8k (5+3)

If a higher credit limit than 25.000 Euro is required, please inform us what your desired limit is and we will request it from our credit insurer Allianz. In order to receive a credit limit the following information is important;

– Your company is older than 6 months
– The figures for the past financial year have been filed with the Chamber of Commerce
– Interim figures are available.

All mails about financial matters can be sent to accounts@autarco.com.

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