Credit Sales Contract Template for Switzerland

The Credit Sales Contract is a specialized agreement used in transactions where goods or services are sold with payment structured through credit arrangements. This document type is particularly relevant in Switzerland, where it must comply with both the Swiss Code of Obligations and the Federal Act on Consumer Credit. It is commonly used for high-value purchases in both business-to-business and business-to-consumer contexts, providing a legal framework for securing the seller's interests while protecting the buyer's rights. The contract typically includes detailed provisions on payment schedules, interest calculations, security arrangements, and default remedies, making it essential for transactions where immediate full payment is not feasible or desired. The Credit Sales Contract serves as a crucial tool for businesses offering financing options to their customers while maintaining legal compliance with Swiss credit and consumer protection regulations.

1. Parties: Identification and details of the seller/creditor and buyer/debtor

2. Background: Context of the transaction and purpose of the agreement

3. Definitions: Defined terms used throughout the agreement

4. Sale Object: Detailed description of the goods or services being sold

5. Purchase Price and Credit Terms: Total purchase price, credit amount, interest rate, and payment schedule

6. Payment Terms: Details of installment payments, payment methods, and due dates

7. Delivery and Transfer of Title: Terms of delivery and when title passes to the buyer

8. Security Interests: Retention of title and other security arrangements

9. Warranties and Representations: Warranties regarding the goods and financial capacity

10. Default and Remedies: Consequences of payment default and available remedies

11. Insurance Requirements: Required insurance coverage for the goods

12. Termination: Circumstances under which the agreement can be terminated

13. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction

14. Notices: How formal communications between parties should be made

15. Miscellaneous: Standard boilerplate provisions including severability and entire agreement