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Credit Agreements: When “Easy Credit” Becomes a Legal Nightmare

Credit grows businesses until it destroys cash flow. This session explains where credit agreements quietly turn into legal and financial disasters.

Date:

28 April, 2026

Time:

14:00

Hours:

1 hour

CPD Units:

2

Category:

Group:

Channel 2: Growth

Format:

Live Event

R230,00 VAT incl.

Product Information

Credit agreements are often signed quickly and questioned too late. The trouble starts when payments stop and enforcement becomes difficult or impossible. This session focuses on how credit agreements work in practice and why many of them fail when pressure hits. Interest, penalties, repayment terms, and default clauses all affect whether money can actually be recovered. Misunderstanding these points leads to write-offs, disputes, and regulatory trouble. This session brings clarity to where credit becomes dangerous and why poor structures create false comfort. Understanding this changes how credit is assessed, reviewed, and advised on.

Presenter/s

Heynes Kotze

Heynes Kotze is the Head of Legal Services at CIBA and an admitted attorney of the High Court with rights of appearance in the superior courts. With extensive experience in litigation and legal advisory roles, Heynes specialises in guiding professionals through complex regulatory compliance (including FIC requirements) before issues arise. He is known for his creative problem-solving, helping firms turn compliance challenges into practical opportunities for growth.

What will set you apart

  • What legally counts as a credit agreement
  • When regulation applies and why it matters
  • How interest and penalties increase exposure
  • What happens when credit goes into default
  • Why recovery often fails
  • Where professionals get blamed

Event breakdown

  • What makes an agreement “credit”
  • Key legal requirements
  • Interest, fees, and penalties
  • Default and breach consequences
  • Enforcement challenges
  • Consumer vs business credit
  • Common failures
  • Risk reduction

Certificate

The following event is awarded 2 CPD units in Other.