Credit Policy

Credit terms are available to qualified commercial accounts, subject to receipt and approval of a completed Bariatric Advantage application form. Once approved, a minimum purchase requirement of $3000 per 6-month period is required to maintain terms. Our terms are Net 30 days from the date of invoice. Discounts or other deductions are not allowed without prior approval. In the event a customer fails to pay a bill, the customer agrees to pay all reasonable costs of collection, including attorney’s fees, associated with past-due balances. Credit applications may be requested from customer service representatives.

Customer Agreement

WHEREAS, Bariatric Advantage values its customers and desires to avoid any and all misunderstandings between them and itself regarding the terms and obligations of orders by its customers; and WHEREAS, specific acknowledgement of agreement to these terms and obligations should eliminate potential future problems in this regard.

THEREFORE, Bariatric Advantage and the undersigned (hereinafter the “Customer”) do hereby agree as follows:

(1) Full payment for each order placed by the Customer or its agents is due within 30 calendar days after the date of the invoice and balances due after said 30th day are PAST DUE. No interest shall accrue during the first 30 days (net 30 days). A $25.00 fee will be charged for NSF checks.

(2) All past-due balances shall incur and customer agrees to pay a finance charge of 1.5% per month on the unpaid balance or portion thereof from and after the invoice date until the unpaid balance is paid in full. This rate equals an 18% ANNUAL PERCENTAGE RATE.

(3) Any discrepancies, shortages, claims, or incorrect shipments shall be reported to Bariatric Advantage IMMEDIATELY upon receipt, and in no event later than 5 calendar days after said receipt. Bariatric Advantage shall be responsible for curing said discrepancies only if notified within said 5-calendar-day period.

(4) Customer Complaints: Errors, omissions, or mistakes made by Bariatric Advantage will be corrected by Bariatric Advantage. Bariatric Advantage will replace the order or give credit for what has been invoiced and returned to Bariatric Advantage. No credits will be made until the proper authorization has been given by Bariatric Advantage management. Credit will be given at that time for the unopened portion of the original order. Bariatric Advantage shall have no further liability for errors or omissions other than replacement value. In any case, the legal and/or financial liability for errors, omissions, or mistakes by Bariatric Advantage shall never exceed the invoiced amount of the order involved.

(5) The person executing this agreement as the Customer represents and warrants that he or she is authorized and empowered to execute this agreement on behalf of or as agent of the Customer.

(6) If any legal action is instituted to enforce any provision of this agreement between parties, the prevailing party shall be entitled to recover its attorney’s fees, costs, and reasonable expenses incurred in such action.