Tel: (716) 614-6626 | Fax: (716) 832-1312 | Toll Free: (800) 500-NOCO creditdept@noco.com
This credit application and agreement is concurrent with and in addition to NOCO Inc.’s standard terms and conditions. This credit agreement must be fully completed, signed and returned to the credit department before your credit request will be considered. This agreement governs all sales to you from NOCO and its affiliates for products/services on terms and conditions as set forth by NOCO in conjunction with any contract(s)/work that will be performed. Sales/Marketing/Customer Service representatives are not authorized to amend or change the terms of sale, or other terms and conditions of this agreement.
- A cash deposit, credit card, or EFT authorization may be requested on incoming work if credit terms are not approved. When a credit card is given as security for obtaining a line of credit or as method of payment with NOCO, customer agrees that the cash deposit, credit card, or EFT authorization will be used in the event that the account becomes overdue. A courtesy call will be made to the client informing them that NOCO will be processing all past due balances to the cash deposit, credit card, or bank draft authorization.
- All disputes on billing must be reported within 5 business days of receipt of invoice.
- Interest will be charged on all past due accounts at the rate of 1.5% per month/18% annually.
- Any account payments or unapplied cash/credit notes will first be used to offset interest on the account and then will be applied to the oldest invoice(s).
- NSF Checks or bank drafts are subject to a $40 administrative fee.
- Failure to comply with these terms and conditions will result in cancellation of credit privileges without further notice.
- Applicant agrees to bear all reasonable costs incurred by NOCO in collecting any unpaid amounts including but not limited to collection legal fees, as stated above, and court costs.
- Applicant understands and agrees to NOCO’s applicable standard terms and conditions.
- NOCO and its affiliates may report monthly accounts receivable aging information to a national credit reporting agency.
- NOCO and its affiliates may request financial statements for review during the initial credit review when opening a new account and annually thereafter or upon request.
- The information given in this application/agreement is warranted to be true and correct and given for the purpose of obtaining credit from NOCO.
NOCO’s credit review process is in complete compliance with the EOCA
