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"CLIP" - Cost Leveraging Inventory Purchase |
The financing of the clip package (3 or 6 units) is processed
as a 30 day interest bearing obligation at 2% per month on
either the 3 pack or 6 pack
Payment of principal and interest is due on the maturity date
which is 30 days (except Sundays and holidays, if so payment
will be charged on the next business day), and will be automatically
debited/charged using the voided check or credit card information
provided. (In some cases, we may ask for both voided
check and credit card information). This is a credit accommodation
and will be treated like any new credit request.
Should a business check be provided as a primary or secondary
source of repayment, an authorization letter on business letterhead
is required and the account will be verified with the issuing
bank.
CLIP products may change, not all products are available under
the CLIP Program.
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