Customer
agrees to issue all pertinent financial
information needed in order for us to do
our due diligence.
2.
Vendor
faxes over the equipment
quotation.
3.
Preliminary
credit decision will be forwarded to
Vendor in 24 hours for deals up to
$100,000, and 48 hours anything above
$100,000.
4.
Once
our credit committee has reviewed the
financial package, a proposal will be
faxed to the customer immediately (usually
once package is received it takes between
1-3 hours).
5.
Once
BDM receives final credit approval,
Documentation will be issued to the
customer.
6.
Upon
documentation review and approval, BDM
will issue a purchase order to the Vendor
who will in return forward an invoice with
the respected Companies.
7.
BDM
Financial confirms that the customer has
received the equipment in acceptable
working order, and upon that confirmation,
will issue the Vendor the required funds.
