Client credit check

General Information about business customer credit ratings:

In accordance with our policy of openess, we would like to explain the steps we take to ensure the creditworthiness of our prospective clients.

As the rental company, Fox Autorent reserves the right to carry out these checks prior to entering into a business renal agreement. For this purpose we are entitled to ask for the necessary information to help in this process such as turnover, yearly accounts, certificate of incorporation, etc. as well as seeking information supplied by a credit rating agency.

Although we are entitled to refuse to enter into any form of business rental agreement without giving any reasons, the usual reasons for refusal are shown as follows:

• The client has a bad credit rating or track record with the credit rating company
• The client is in liquidation or has recently been invoved in bankruptcy proceedings
• The client company is unable or refuses to provide the required documents and financial statements
• The company is not registered in Hungary and/or has not got any first year audited accounts
• If the person or agent entering into the agreement has no authority or permission from the client company to do so.
• In some cases, a rental agreement request may be considered if the the client is prepared to pay a higher deposit as a form of collateral.

At the start of a new business rental contract, an embossed credit card (such as Visa, Master Card, Eurocard) will be required to allow a deposit to be taken for the first three months of the rental period.
Cash cards such as Electron and Debit Cards are not permitted.

Fox Autorent reserves the right to undertake credit checks from time to time if it is considered necessary.