To buy media using BidTheatre, the buying account needs credit. The credit is calculated from the credit limit, minus the currently unpaid account spend. This credit policy describes how the account credit limit is determined by BidTheatre.
Invoice or Credit Card
The credit policy applies to accounts that are billed by monthly invoice. As an option to credit approval, we recommend credit card as payment method.
BidTheatre uses CreditSafe as guidance for client credit approval, and will be default assign a credit limit in accordance to what is recommended by CreditSafe. In addition to CreditSafe's recommendation, credit can be extended in certain circumstances:
- A deposition is made. The deposition will be a debt from BidTheatre to the client, and can at any time be refunded on client request.
- A security agreement (Swedish: borgensavtal) is set up
- The relation is established since long and payments have been made properly
Credit is currently granted only to Nordic companies.
If the Limit is Met
If the credit limit is reached, an account will not be able to continue buying media. To restore buying, we recommend paying any outstanding invoices, to reduce the unpaid account spend.