Net 30 Application kd3g.com

NET 30 Application

Date *
AP Contact Name: *
Website
Billing Address *
AP Contact Telephone Number *
DBA *
Job Title: *
Email *
Resale Number Number *
Number of Employees: *
Years in Business: *
Annual Business Revenue: *
Are You a Non Profit ? *
- No
- Yes
Legal Structure of Business: *
Personal Information
Home Address *
Full Name *
Home or Cell Number *
Social Security or TIN Number *
Credit Policy and Disclosures For NET 30 Account By submitting this application, you are requesting to have yourself and the Business that KD Shirt Shop & Sporting Goods (KD3G LLC.) establish a Net 30 trade line of credit account ("Account"), to you. You understand that all information provided in this application must be verifiable and accurate. Both you and the business shall be liable individually and jointly for all charges and balances on the account. The account established shall be used for business purposes and shall be governed by the Terms and Conditions ("Agreement") provided, it may be amended from time to time. Opening account minimum order must be $200.00. All future orders must be a minimum of $200.00. Any order below minimum will be assessed a $25.00 Below Minimum Fee. A 50% Deposit will be required on all orders for new members with buisness structures that are setup as the following sole proprietorship, partnership, limited liability company, and corporation. The deposit requarment can be eligible to be lifted after a minimum of (5) orders have been placed with no late or outstanding balances.Please note orders/product cannot be added to previous orders or in production. All bills are due and payable, in full, thirty days after date on invoice. A finance charge will be imposed on any amount three days or more past due Client shall pay finance charges at a (5%) interest rate of the total invoiced amount every three (3) days outstanding until paid, beginning with the due date of the late payment. Please note: Orders placed on past due accounts will be held until account is current. No returns on orders unless prior written approval by KD Shirt Shop & Sporting Goods (KD3G LLC.), if your account is turned over to a collection agency or attorney for collection, or in the event of default, all collection, legal expenses and reasonable attorney fees will be paid by the debtor and be processed in and according to the laws of the State of Illinois. I understand and agree to the above policy and upon any default of the above entity the undersigned does hereby guarantee KD Shirt Shop & Sporting Goods (KD3G LLC.) prompt payment. 1. The Applicant has the authority to enter into and execute the Credit Application. 2. The information contained in the application & in all financial statements submitted in connection with this document is for the purpose of obtaining credit & is represented to be true and complete by the Applicant. The Applicant will provide updated financial statements and other information to the Creditor from time to time, upon request. 3. The Applicant authorizes KD Shirt Shop & Sporting Goods (KD3G LLC.) and its affiliates, subsidiaries, divisions and other operating entities and the successors and/or assigns any of them (together, the “Creditor”) to review this Application, to review references and otherwise take appropriate steps, now and on a continuing basis, to evaluate the financial responsibility and creditworthiness of the Applicant. 4. The Applicant authorizes the Creditor to order and review, now and on a continuing basis, trade and business credit reports, credit reports from consumer credit reporting agencies for individuals who execute this agreement, as contemplated by the Fair Credit Reporting Act, and other evidence of creditworthiness from sources the Creditor may elect. (This consumer report authorization will remain in effect until it is revoked by the Applicant in writing delivered to the Creditor by registered or certified mail.) 5. The Applicant authorizes its trade and bank references and any other persons or entities to whom the Creditor might inquire to release complete information to the Creditor. Upon Authorization of Account 6. The Applicant authorizes the Creditor to report its experience with the Applicant and the performance of any account opened pursuant to this Application to credit reporting agencies and to any other persons or entities who the Creditor believes are making proper inquiries. 7. Upon the authorization of an account, the Applicant agrees to pay the Creditor according to these terms and conditions. The Applicant will repay the principal of any account balance plus interest at the rate of five percent (5%) per month on any outstanding balance which becomes delinquent. The Applicant also agrees to pay the total of all outstanding balances due, upon demand, in the event any payments are not made when due. 8. The Applicant agrees to pay the Creditor’s costs and expenses related to the Applicant’s account and to the enforcement of any of these terms & conditions (including without limitation any collection and court costs and attorneys’ fees), whether incurred in connection with any account default or collection or litigation or otherwise. 9. The Applicant agrees to pay any service charges or other costs incurred by the Creditor for payments that are returned for insufficient funds or dishonored for any other reason. 10. The Creditor reserves the right at any time, without notice, to cancel the Applicant’s account and to refuse to extend further credit, and/or make additions, deletions or changes to these terms and conditions. 11. These terms & conditions supersede any account terms and conditions that may have previously been in effect or that may have been requested or proposed or discussed by the Creditor and/or the Applicant. 12. PERSONAL LIABILITY. Owner, Co-Owner, Shareholder and/or Officer in their individual capacity does, by his or her execution, agree to personally undertake and assume all obligations incurred by the Applicant pursuant to this Credit Agreement and agree to be personally liable and bound to pay the creditor as defined above (including any successors and/or assigns), upon demand, any amounts which are due on the Applicant’s account and which the applicant has failed to pay. The Applicant hereby acknowledges that they have read, understood and accept all of the terms and conditions set forth above by checking the box below.
I Agree To All Terms & Conditions *
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