International Fluid Power, Inc. Credit Application

International Fluid Power, Inc. ~ Innovative Partners for Global Sourcing of Fluid Power Products

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Credit Application Form
For the purchase of hydraulic, pneumatic, electrical and engineered products from International Fluid Power, Inc.

Company Name: required
Applicant First Name: required
Applicant Last Name: required
Applicant Email: required

Billing Address

PO Box/Street Address: required
Address Line 2:
City: required
State: required
ZIP: required

Shipping Address (if different)

PO Box/Street Address:
Address Line 2:
City:
State:
ZIP:

Company Profile

Phone: required
FAX: required
Years in Business: required
Annual Sales:
Number of employees:
D & B #:
SIC/NAIC #:
Affiliated Companies:
Your Company's Products/Services:
Tax Exempt?: required
- Yes
- No
If tax exempt, please fax your tax exempt certificate to 651-438-9060 or scan & email to info@internationalfluidpower.com

Company Officers

First Name: required
Last Name: required
Title: required

First Name:
Last Name:
Title:

Accounts Payable Contact

First Name: required
Last Name: required
Email: required
FAX: required

Purchasing Contact

First Name: required
Last Name: required
Email: required
FAX: required

References

- Company: required
- Address Line 1: required
- Address Line 2:
- Phone: required
- Fax: required
- Company: required
- Address Line 1: required
- Address Line 2:
- Phone: required
- Fax: required
- Company:
- Address Line 1: required
- Address Line 2:
- Phone: required
- Fax: required
- Bank: required
- Address Line 1: required
- Address Line 2:
- Phone: required
- Fax: required

Terms and Conditions

CONFIRMATION OF INFORMATION ACCURACY AND RELEASE OF AUTHORITY TO VERIFY
				
The above signed; a duly authorized representative of Applicant hereby certifies on behalf of Applicant that the information in this credit application is true, correct and complete. The information included in this credit application is for use by International Fluid Power, Inc. in determining the amount and conditions of credit to be extended. Applicant understands and acknowledges that International Fluid Power, Inc. may also utilize any other sources of credit information, which it considers necessary in making this determination. Applicant hereby authorizes the bank and trade references named in this application to release the documents and information to International Fluid Power, Inc. that International Fluid Power, Inc. deems necessary to assist it in determining whether to sell goods or extend credit to applicant.

International Fluid Power, Inc.
2654 Millard Avenue
Hastings, MN 55033

Terms, Conditions and Warranty
PAYMENT OF PURCHASE PRICE AND LATE CHARGE. Payment must be according to the aforementioned terms. Time is of the essence. Accounts thirty (30) days past due will be charged interest at a rate of 1.5% per month, 18% per annum unless the Seller agrees, in writing, to vary these terms. If Buyer fails to follow the payment schedule(s) above or if Seller anticipates Buyer may be unable to perform hereunder, Seller may terminate this contract, defer, discontinue or suspend shipments, or demand adequate assurance of Buyer's performance. If Buyer's account must be placed with an attorney for collection, whether a lawsuit is filed or otherwise, or if the services of an attorney are required to protect Seller's interest, Buyer agrees to pay all collection costs, including reasonable attorney's fees. "Reasonable attorney's fees" include, but are not limited to, 33% of the outstanding balance of principal and accrued interest.
LIMITATION OF WARRANTIES AND REMEDIES. SELLER MAKES NO EXPRESS WARRANTIES AND EXCLUDES ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING ANY IMPLIED WARRANTY OF MERCHANTABILITY, IMPLIED WARRANTY OF FITNESS, IMPLIED WARRANTY OF DESIGN, AND ALL OTHER IMPLIED WARRANTIES. Buyer's sole remedy in any action at law based on performance hereunder (other than an action based on breach of a warranty, which warranties are expressly excluded except as set forth herein) shall be limited to remedies against the manufacturer. IN NO EVENT SHALL SELLER BE RESPONSIBLE FOR ANY CONSEQUENTIAL OR ECONOMIC DAMAGES OR LOSS, LOST PROFITS OR CONSEQUENTIAL DAMAGES FOR PERSONAL INJURY. BUYER AGREES THAT THIS PROVISION IS CONSCIONABLE.