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Credit Policies
Anderson Equipment provides the following payment terms to customers
with approved credit:
Sales Transactions: Net 10 days
Rental Transactions: Net 30 days
Parts Transactions: Net 30 days
Service Transactions: Net 15 days
Anderson’s Credit Policies are as follows:
- A finance charge equivalent to 1% per month will be imposed on
any past due balances
- Payments, when made, shall apply first to accrued late or
delinquency charges and the remainder shall apply to the balance
due hereunder
- Rental charges are earned in advance and are due regardless of
actual equipment use, breakdown, downtime or acts of nature
(including without limitation rain, snow, etc.).
To establish an account, please complete a Credit Application and
fax it to:
Don Geis at
716-877-1041 or 716-877-1581.
Pennsylvania and West Virginia Credit Application:
New York Credit Application:
If your company is exempt from state taxes, please complete a Tax
Exempt Certificate and fax it to:
Don Geis at
716-877-1041 or 716-877-1581.
Pennsylvania Tax Exempt Certificate:
West Virginia Tax Exempt Certificate:
New York Tax Exempt Certificate:
Financial Services
Through our long-term relationships with numerous lending sources,
Anderson Equipment can assist you in selecting the optimal finance
or lease option for your needs. We arrange financing for both new
and used equipment purchases. We can also assist you in the
refinancing of your existing equipment – even if you purchased the
machinery from another distributor!
Finance terms are always at competitive rates and we can utilize one
or more of the following options to structure an installment note
that fits your business needs:
- Fixed or floating interest rates
- Minimal down payments
- Seasonal skip payments
- Balloon payments
- Delayed first payments
- Extended payment terms
- Ability to finance an Anderson Maintenance Program at attractive
rates
Leasing may be an excellent fit for your business for one or more of
the following reasons:
- Cash flow – no down payment
- Lower monthly payments than an installment contract
- Possible tax advantages
- Purchase options including fair market value or $1 purchase
options
- Lower monthly payments may enable you to use newer equipment to
reduce operating and maintenance expenses!
Call/contact your local
Branch Manager or
Don Geis to help choose
the right financial plan for you
To start the loan application, just complete a Time Sales
Application and fax the document to the appropriate Branch Manager
or Don Geis
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