Document background
The Trade Credit Agreement serves as a crucial document in commercial financing under Dutch law, establishing a formal credit relationship between a provider and a business customer. It is typically used when a business requires ongoing credit facilities for trade operations, such as financing inventory, managing cash flow, or supporting supply chain operations. The agreement incorporates requirements from the Dutch Civil Code, Financial Supervision Act, and relevant EU regulations, making it suitable for both domestic and international trade transactions. It includes comprehensive provisions for credit limits, interest calculations, security arrangements, risk management, and default scenarios, while ensuring compliance with Dutch financial regulations and commercial law principles.
