ABT, Inc. is world leader in surface drainage solutions

ABT Application for Credit

Required information must be entered in the form below. The additional requested information can be supplied either by entering into provided boxes or by attachment. Print the application after data entry, sign where indicated, and fax signed form and any attachments to ABT at (704) 528-5478.

Firm Name:
Shipping Address:
Mailing Address:
City: State: 
Date:
Tel.:
Fax:
Zip:

Business operates as:   Individual   Partnership   Corporation   Other

If a corporation, incorporated in State of:    Date of incorporation: 

List any other states in which firm has been domesticated:

  Owner/Partner/Officer Affiliation/Title
1.
2.
3.
4.
Person(s) authorized to make purchases:
Person(s) to be contacted regarding billing, etc.:

Payables Schedule:   EOM   Bi-Monthly   Other:

Bank References
1. Bank Name: Contact Name:
Address: Phone:
City: State: Zip:
2. Bank Name: Contact Name:
Address: Phone:
City: State: Zip:

Supplier References
1. Supplier Name:
Address & Box #: Phone:
City: State: Zip:
2. Supplier Name:
Address & Box #: Phone:
City: State: Zip:
3. Supplier Name:
Address & Box #: Phone:
City: State: Zip:
4. Supplier Name:
Address & Box #: Phone:
City: State: Zip:
5. Supplier Name:
Address & Box #: Phone:
City: State: Zip:
Please attach most recent complete financial statement and give date of your year-end closing (fiscal or calendar):

Please attach sales tax exemption certificate and/or sales tax number:

Terms and Conditions

Please read carefully

I (we) understand that the information furnished to you on this application for account is for the purpose of obtaining credit from your firm. I (we) further understand that your firm may at any time refuse to grant credit to me even though credit is initially granted pursuant to this application. I am (we are) authorized in (my/our) capacity, to bind (my/our) firm for any and all credit which you approve to us and to the terms and conditions set forth below with respect to any sales. It is further understood and agreed that all accounts or monies due ABT, Inc. shall be due and payable at its office in Troutman, N.C. All sales made and credit extended are governed by the following:

  1. The terms of ABT, Inc. are 1% 10 days, net 30 days, on the entire invoice amount, excluding freight. Discounts are only allowed on merchandise purchased from ABT, Inc.
  2. No shipment will be made to any account on an open basis that exceeds or will push an account over the established line of credit.
  3. Any billing (including unauthorized discounts and unpaid finance charges) that remains unpaid after 45 days (except special terms agreed to in writing) means that future shipments will not be made or will be on a C.O.D. only basis until the account is cleared up.
  4. A service charge of 1-1/2% per month will be charged on all past due balances.
  5. All payments will be made in accordance with the terms on each invoice.
  6. If we believe our invoice is wrong, ABT, Inc. must receive, by written letter, notification of such. Letter must be received by the Troutman, N.C. office no later than 25 days after mailing of the invoice.
  7. That the foregoing statements and accompanying financial statements are correct and were provided to get ABT, Inc. to extend open credit to the vendor applying for credit.
  8. That in the event of non-payment within ABT, Inc.’s terms, the vendor to whom open credit was extended agrees to pay the expense of all legal proceedings plus reasonable attorney fees. This would also include any fees for collection agents and/or other means as ABT, Inc. determines that may become necessary to collect any and all monies due ABT, Inc.
  9. That advance notice will be given to ABT, Inc. of any change in the business structure relating to incorporation or changed ownership, etc. That without said notice, the original parties to whom credit was extended shall remain liable. Notice hereunder shall be given by certified mail or registered letter and acknowledged by return receipt.
  10. Credit policies are subject to change at the discretion of ABT, Inc. Upon acceptance and signing of the application and the issuance of an open line of credit (Company Name) agrees to abide by the credit policies of ABT, Inc., as in effect from time to time.
  11. Products sold by ABT, Inc. are covered by ABT, Inc.’s standard warranties for such products. Copies of ABT, Inc.’s standard warranties are available upon request. Except as provided in such standard warranties, ABT, Inc. makes no warranty, express or implied, as to the suitability, design, merchantability or fitness for particular purpose of any product. The exclusive remedy under any such warranty is, at ABT, Inc.’s option, repair or replacement of the defective product. In no event shall ABT, Inc. be liable for incidental or consequential damages, including but not limited to the cost of disassembly and reinstallation, injury to other property, loss of use, or other commercial losses. Where, due to operation of law, consequential and incidental damages cannot be excluded, they are expressly limited in amount to the purchase price of the product.

Must be signed by owner, officer, partner or other authorized individual only.

Signature: ___________________________________________________

Title:
Signer’s Name:
Credit Limit Desired:

All information will be held in confidence by our Credit Department.

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