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Credit Agreement
 
4563 S. Westmoreland
Dallas, Texas  75237
214.331.8800
1.800.642.1162
Fax: 214.331.8831

Confidential Credit Agreement - Credit Information
Payment Terms and Collection Fees

Applicant hereby authorizes its bank, suppliers and other persons or entities with whom Applicant is doing business, or who have knowledge of Applicant’s financial affairs, to release information regarding Applicant’s credit history and other financial information regarding applicant.

Payment terms are net 10 (ten) days from date of product delivery. Applicant agrees to pay PN Industries, Inc. interest at the rate of 18 (eighteen) percent per annum on any and all net amounts not paid within such ten day period. Applicant agrees that if PN Industries, Inc institutes action to recover money on account of credit extended, that PN Industries will be entitled to recover from Applicant, any and all costs of collection, including a reasonable attorney’s fee. Applicant further agrees that this application is subject to and governed by the laws of the State of Texas and agrees to the jurisdiction and venue of Texas courts located in Dallas County, Texas should any action on Applicant’s account be instituted.

Credit  Application

Company Name   Federal Tax ID#
Billing Address City
State Zip   Phone Fax:
Type of Entity:
Proprietorship
Partnership Corporation Other
If Incorporated: State of Incorporation: Year of Incorporation:
Years in Business:
DUNS #: D & B Rating:
Key Management
Members and Owners
Title % of Ownership
%
%
%
     
Comptroller or Accounts Payable
 Phone Number
How often are checks cut?
 Fax: Estimated Monthly Purchases $
Credit Line Desired $
Bank     Officer’s Name:
Address City:
State    
Zip:
Phone:  Account #:
Supplier References: Creditors Only – No C O D References.
(1) Company Account #
Address City:
State    
Zip:
Phone:  Fax:
(2) Company Account #
Address City:
State    
Zip:
Phone:  Fax:
(3) Company Account #
Address City:
State    
Zip:
Phone:  Fax:
The information in this Agreement is provided for the purpose of extending credit to our company on your payment terms. To the best of our knowledge and belief, the information is accurate and may be relied upon in making your credit decision. We authorize our bank and supplies to furnish you any information necessary to complete your evaluation of our credit history.

By inputting your name in the Signature space below you agree to be held accountable to the terms and conditions of this credit agreement. Additionally, by inputting your name in the Signature space below, you authorize your creditors/debtors to release information to PN Industries for the purpose of establishing a credit account for your company. 

Date Title

Signature

 

 

 

 

 

 

 

 

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