Are there any restrictions on
transacting? (Stop Credit and
large transactions)
Yes, you cannot transact, via your Trade Account
or other accounts, with a Capricorn Member who is
currently on Capricorn “Stop Credit”. Capricorn will not
accept any transaction with a Member on stop credit,
and you may be left seeking payment directly from that
Member.
Also, large transactions must be authorised by
Capricorn Credit Services before being submitted.
For single transactions of more than $20,000, you
must obtain authorisation from Capricorn’s Credit
Department on 1800 327 437 before transacting via
CAPLink.
Transactions submitted without Authorisation may not
qualify for Capricorn’s payment guarantee.
For multiple transactions totalling more than $20,000
made by one Member in one 24 hour period, you
must obtain authorisation from Capricorn’s Credit
Department on 1800 327 437 before transacting via
CAPLink.
When do I use my capital
equipment account?
If a Member is purchasing capital equipment worth
more than $2,000 then the transaction may qualify to
be processed through your Capital Equipment Account
(if you have one) via CAPLink. If the capital equipment
(or total transaction value) is less than $2,000 then the
18.