Branch: Westview Drive, Rock Valley
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Business Charge Account Application



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Credit Card

 

Credit Limit: Unless prior management approval is obtained, charge accounts are approved with a maximum credit limit of $4,000.00. Credit limits may not be exceeded. In the event a purchase would cause a customer to exceed its credit limit, the customer will be required to make payment on the account or purchase the additional product by cash, credit card or check. No further charges will be allowed until the balance is reduced accordingly.

Returns: No Returns will be allowed without your original sales receipt. No returns are allowed after the warranty period has expired.

Reservation: Farmers Lumber Co. reserves the right to revoke credit terms at any time and place any account on cash on delivery. Delinquent accounts will be subject to collection and/or litigation, as applicable. Any attorney fees of Farmers Lumber Co. expended for collection and/or litigation of an account will be taxed to the account holder. At the discretion of Farmers Lumber Co., an account may be restored upon full payment of amounts due, including applicable fees and/or late charges. Invoices for late charges are not sent separately. Late charges will appear on the monthly statement only.

Terms: Net 21 days. Any amount not remitted within 21 days from the date of statement shall bear a Finance Charge of 1.67% per month (Annual Rate of 20.04%). If at any time the account becomes 60 days delinquent, the balance due will be charged to the above credit card.

By typing my name below, I understand and agree that this form of electronic signature has the same legal force and effect as a manual signature.

 

I/We certify that all the information given on this form is true and correct. I agree to pay all amounts charged on my account by the 21st day of the month following purchase and to pay the maximum Finance Charge allowable by law on the amounts unpaid and 21 days past due. I further agree to personally guaranty any and all payment of invoices submitted covering purchases. If a legal entity, all owners shall personally guaranty all purchases.

 


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