Credit Application

Thank you for your interest in opening an account with Superior Equipment Sales, Inc. We are a wholesale distributor and sell only to licensed Heating and Air Conditioning Contractors. If you are interested in a credit account, please download and complete this application.

 

General Information
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Names of all Owners, Partners or Officers
Name Social Security # Residence Address % of Ownership Title
Present Sources of Supply
Name of Supplier City Phone Years Purchased Average Monthly Purchases
Purchase Information
Name of Bank Address Account # Highbank Credit Used Amount Owed
Spouse Information
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Note: Superior Equipment Sales, Inc. is a wholesale distributor and can only sell to licensed heating and air conditioning contractors.

TERMS: We, the undersigned, agree to pay all sums due according to the terms stated in your invoices, and we agree to pay a 2% per month (24% per annum) service charge on all amounts past due. We agree to pay all costs of collection, including a minimum of 33.33% attorney's fees. We agree that returned materials will be subject to a minimum 15% restocking charge. We agree that 2.5% handling charge will be added to credit card transactions.

The undersigned certifies the information supplied on this application to be correct, that it is submitted for the purpose of obtaining credit and agrees to all of the terms and conditions of sale of Superior Equipment Sales, Inc. We also authorize you to inquire of principal trade creditors, banks, other credit references to check credit and allow you to answer questions from others about your credit experience with us. The undersigned hereby waives all venue objections and agrees to notify Superior Equipment Sales, Inc, in writing, of any change in the form of ownership of applicant's business within five days of such change. The Applicant consents to jurisdiction, in relation to any matters arising from or related to this application or the obligations hereunder, in either state or federal courts having jurisdiction over Chesapeake, Virginia.

Personal Guaranty
For and in consideration of Superior Equipment Sales, Inc., extending credit at the request of the undersigned to "Company" the undersigned hereby personally guarantees to Superior Equipment Sales the payment of any obligation of the Company and the undersigned hereby agrees to pay Superior Equipment Sales, Inc., on demand, without offset, any sum which may become due to Superior Equipment Sales Inc. by the Company whenever the Company shall fail to pay the same, and further agree to pay all costs of collection including a minimum of 33.33% of attorney's fee. It is understood that this guaranty shall be a continuing and irrevocable guaranty and indemnity for such indebtedness of the Company. The undersigned hereby agrees to the extent permitted by law, to waive the Homestead exemption, notice of acceptance hereof, notice of presentment, demand, non-payment, dishonor and protests, and consents to and waives notice of any modification, amendment or extension of the terms of the credit agreement hereby guaranteed. The undersigned further agrees to notify Superior Equipment Sales, Inc., in writing of any change in the form of the purchaser's business or ownership within five days of each change, otherwise this continuing guaranty shall extend to the above named company and any successor companies or related entities. The Applicant consents to jurisdiction, in relation to any matters arising from or related to this application or the obligations hereunder, in either state or federal courts having jurisdiction over Chesapeake, VA
    By checking this box, I agree to the personal guaranty, and this shall serve as my electronic signature.