Put your credit application form and trading terms on stronger legal footing

Quotes, invoices and order confirmations often deal with the commercial transaction, but they may not properly capture the legal basis on which credit is offered. A credit application form can collect the information and acknowledgments you want before opening an account, while terms of trade set the rules for supply, payment timing, late payment consequences, delivery issues and other key protections. If those documents are missing or inconsistent, it can be harder to show what the customer actually agreed to when payment problems arise later.

That depends on how you sell, but common points include customer identification details, requested credit limits, account contacts, payment periods, invoicing mechanics, overdue interest wording, suspension rights, delivery terms, ownership and risk clauses for goods, limitation wording and how disputes or claims are handled. The credit application form and the terms should also line up with each other. For example, if the form refers to your trading terms, the contract wording needs to be introduced clearly and consistently through your actual sales process.

The drafting usually turns on how your contracts are formed in practice. We will look at whether you sell goods, services or both, whether customers order online, by email or through account managers, whether credit is offered to all customers or only approved accounts, and whether quotations or purchase orders are part of the process. Those details matter because the legal wording needs to match the real customer journey. A document that looks fine in isolation can be less useful if it does not fit how your team actually trades day to day.

A template may be workable as a rough starting point, but it often misses the detail that matters in live trading relationships. Common problems include goods-only wording for a mixed goods and services business, clauses that do not match online ordering, or credit approval language that is disconnected from how accounts are actually opened. That can create uncertainty about when terms were accepted and what rights you really have if payment is late. Tailored drafting is often more valuable where credit is offered regularly or transaction values are meaningful.

This service covers the drafting or review of the documents listed on this page and the included amendment round. It does not cover debt recovery action, court proceedings, negotiation of a live non-payment dispute, tax advice or open-ended support after the documents are completed. It also does not automatically include wider website terms, supplier contracts or security arrangements unless those are separately agreed. If you later need help enforcing the terms against a customer or updating them for a major change in your trading model, we can quote for that separately.

Working with us is simple. Start by submitting an enquiry through our website using the form at the top of this page or on our Get Started page. A legal project manager will review your enquiry within 1 business day and reach out to understand your needs.

They'll send you a fixed fee quote outlining costs, scope, and timing. If you're happy, you can accept and sign our engagement letter online. Once that's done, we'll connect you with an expert lawyer who will complete your project via email, phone, or video chat, with the timing confirmed in your quote.

If you're not looking for help with a specific matter, explore our platform, which offers free templates, tools to get your business set up, and even a free tier to get started. Whether you need legal support or just want to browse resources, we've got you covered.

At Sprintlaw, our pricing is transparent and designed for startups and small businesses. Many one-off legal services, including document drafting and reviews, are provided for a fixed fee with an upfront quote before you proceed.

Prices typically range from £100 to £1,500 depending on the complexity and scope of the work. For ongoing support, Sprintlaw Memberships include options such as legal templates, consultations, a legal helpline and credits for services.

If your project is larger or more complex, we will provide a tailored quote after understanding what you need.

Sprintlaw UK operates fully virtually, with the team working online across the UK to provide support to startups and small businesses nationwide. Many of our team are based in London and often meet at co-working offices, but our operations remain fully digital, ensuring flexibility and efficiency for both our clients and team.