Applying for Trade Credit
In order for WALTERS WHOLESALE ELECTRIC CO. (WWE) to extend credit to your business for the purchase of our goods and services, you must submit this digital credit application. As you complete the application, you will be asked to provide certain information about your business.
Your submission of this digital credit application shall be deemed evidence as to your agreement, on behalf of your business, to conduct transactions with WALTERS WHOLESALE ELECTRIC CO. (WWE) by electronic means, as that term is used in the Uniform Electronic Transaction Act.
Your submission of this digital credit application shall be considered your agreement, on behalf of your business, that WALTERS WHOLESALE ELECTRIC CO. (WWE) Standard Terms and Conditions, which are set forth below, shall apply to the sale of any goods and/or services by WALTERS WHOLESALE ELECTRIC CO. (WWE) to your business.
In consideration of Walters Wholesale Electric Co. (referred to herein as WWE), extending credit to Applicant, Applicant agrees to pay for all items delivered to or at the request of Applicant by WWE within thirty (30) days from the date of WWE’s invoice for said items. The applicable discount may be taken if the invoice is paid not later than the tenth of the month following purchase; NET thereafter. All accounts are due and payable at the remittance address shown on the WWE invoice. Applicant acknowledges that a service charge computed on the basis of 1% per month for all sums due to WWE, which have not been paid within thirty (30) days from the invoice date, will be charged to Applicant by WWE, and Applicant agrees to promptly pay said service charge. The service charge will be due and payable on the thirty-first (31st) day after the invoice date and an additional service charge, computed on the same basis, will be due and payable every thirty (30) days thereafter. Waiver of any one or more service charges shall not be deemed to be a waiver of future service charge. In the event that WWE commences litigation or employs attorneys in order to secure payment of any sums due to it from Applicant, the Applicant agrees to pay a reasonable attorney’s fee in addition to all other sums due. The undersigned warrants that the above agreement has been carefully read and the Applicant understands the same. Applicant agrees to the Sale Terms and Condition and the Terms and Conditions of Purchase ("Terms") located at www.walterswholesale.com/terms_conditions. The Terms, as they may be modified by WWE from time to time without notice, are incorporated into this agreement by reference. Applicant authorizes WWE to obtain credit and financial information concerning the Applicant at any time and from any source.