Credit Application & Agreement Form

Credit Application & Agreement Form
Type of Business

Principal's Name and Title

Principal Name
Principal Name
First
Last
Principal Name
Principal Name
First
Last
Principal Name
Principal Name
First
Last

Principal Suppliers

Credit Application & Agreement Terms and Conditions

Effective Date: January 17, 2025

Acceptance of Terms

The applicant confirms and acknowledges that:

  • The terms of payment are Net30 days following the date of the Vanco Invoice.
  • A service charge in the amount of 2% per month shall be rendered on any overdue balances.
  • The credit limit, payment terms, and overdue interest rate may change from time to time depending on circumstances. The applicant shall be notified of any changes in writing and shall be bound by these changes.

The applicant further declares that the statements made herein are of the best of my/our knowledge true and complete. The applicant authorizes Vanco or any credit bureau or other investigative agency employed by Vanco to investigate the references herein listed, as well as any statements or other data obtained by any other person pertaining to the applicant’s credit and financial responsibility. The applicant agrees to notify Vanco of any material change in the condition of the applicant’s affairs and this statement should be construed by Vanco to be a continuing statement of the condition of the applicant until written notice to the contrary is received by Vanco.

The applicant understands that he will be in default if he fails to pay for any sales and/or services when due, and in the event that it becomes necessary for Vanco to incur collection costs or to institute legal proceedings to collect any amount due under this agreement or any portion thereof, I/we promise to pay such additional collection costs, charges, and expenses including reasonable attorneys’ or solicitors’ fees, if the account is placed in the hands of attorneys or solicitors for collection. We hereby authorize Vanco or its agent to register or record, and re-file, re-register or re-record any moneys in such offices as Vanco may determine and wherever required or permitted by law, for the protection of Vanco’s money.

For questions, concerns, or grievances pertaining to our Credit Application & Agreement T&Cs, please direct your inquiries to:

Vanco Electrical Solutions
250 Cochrane Dr Unit 10
Markham, ON L3R 8E5
Canada

Phone: (905) 305-7702
Email: [email protected]

I agree to the Credit Application & Agreement Terms and Conditions