March 6, 2016
To: Applicant for open credit terms with Shealy-EDI, Inc
RE: Terms of payment to Shealy-EDI, Inc for material purchases.
Thank you for applying for a credit account with our company. Our goal is to ensure
your purchasing experience is positive, without interruptions.
As part of this application process, we want to ensure there is a full understanding of
the payment terms we offer companies upon credit approval.
Our terms are “Net 10th Prox”, and our billing month begins on the 26th and ends on the
25th.
For example, the March billing month begins on February 26th and ends on March 25th.
With the terms of “Net 10th Prox”, March Invoices are due on the 10th of April and are
past due if not paid by April 25th.
In order for us to process your credit application, the person in your company
responsible for payment approval will need to sign below, agreeing to pay according the
Shealy-EDI terms:
Company Name: ________________________________________
Signature: _____________________________________________
Title: _________________________________________________
1515 South Clarkson Street P.O. Box 35623 Charlotte, NC 28235
Phone: (704) 372-3040 Fax: (704) 377-6975