Net 30 Account
Business Account
To apply for a Business Account with Net 30 Terms, click the button below to download the application form. Complete the form and email it to [email protected]. A decision is typically made within 1-2 business days.
How it Works
During checkout, select the “Net 30 Business Account” payment option to receive an invoice with net 30 payment terms once your order is processed. Our Business Account team will promptly contact you if additional information is needed.
If you have any questions about setting up an account or requesting payment terms, please reach out to us. [email protected]
Available Payment Methods
- Electronic Funds Transfer (EFT) or Wire Transfer
- Cheque
- Credit card
- Debit card (Visa or Mastercard)
- E-Transfer
Note: C.O.D. terms are not offered.
Net 30 Account Terms & Conditions
- Approval & Credit Limits
Net 30 terms are offered strictly at the discretion of Canada Brand Supplies. We reserve the right to approve, deny, or adjust credit limits based on the applicant’s business history, creditworthiness, and purchase volume. Credit terms may be revoked or modified at any time without prior notice. - Payment Terms
All invoices under Net 30 terms are due in full 30 calendar days from the invoice date. Payments must be made in Canadian Dollars unless otherwise stated. Late Fees & Interest
A 2% monthly interest fee (equivalent to 24% annually) will be applied to all overdue balances starting the day after the due date. Additionally, a $25 monthly handling fee will be charged on accounts that remain unpaid past the 30-day term.
Example:
If your account carries an unpaid balance of $100 for more than 30 days and is paid 15 days late (i.e., on day 45), the total amount due will be:$2.00 interest (2% of $100)
$25.00 handling fee
Total due: $127.00
Interest and handling fees will continue to accrue monthly until the balance is paid in full.
- Initial Deposit / Minimum Orders
Canada Brand Supplies reserves the right to request an initial deposit or a smaller initial order before extending full Net 30 privileges, especially for high-value orders. - Default & Collections
Accounts in default for more than 60 days may be sent to collections, and future orders will be placed on hold. The client will be responsible for any associated collection fees, legal costs, or penalties incurred. - Final Sale Policy
Unless otherwise agreed upon in writing, all purchases made under Net 30 terms are considered final sale and are non-returnable. - Discretionary Termination
We reserve the right to terminate or modify Net 30 terms at any time, for any reason, including payment delays or changes in the client’s financial condition.
