“To cover the cost of processing a credit or charge card transaction, and pursuant to section 5-2-212, Colorado Revised Statutes, a seller or lessor may impose a processing surcharge in an amount not to exceed the merchant discount fee that the seller or lessor incurs in processing the sales or lease transaction. A seller or lessor shall not impose a processing surcharge on payments made by use of cash, a check, or a debit card or redemption of a gift card.”
Payments made by cash, check, or ACH within 10 days of the invoice date receive a 3% discount off the invoice total. This discount applies to current balances only and is not available on past-due amounts.
Credit card payments made within 10 days of the invoice date are not charged the 3% credit card processing surcharge. This waiver applies to current balances only and is not available on past-due amounts.
Early-pay perks are mutually exclusive: the surcharge waiver applies to credit card payments; the 3% discount applies to cash, check, or ACH.
All invoices are due within 30 days of the invoice date. Cash, check, and ACH are accepted with no fee. Credit cards are also welcome and incur a processing surcharge if paid within 30 days — see early-pay terms above.
A late fee will be assessed on any invoice remaining unpaid after 30 days. The fee is calculated as the greater of $100 or 5% of the past-due amount and will be issued as a separate invoice.
All service requests are placed on-hold and the account is referred to our collections process. No new calls will be dispatched until the outstanding balance, including the late fee, is paid in full.
Accounts brought current from collections are converted to cash-on-delivery terms permanently. Payment — by any accepted method, including credit card — is required on-site before service is completed on all future calls. Staying current on Net 30 terms is the best way to keep your account in good standing.
Pursuant to C.R.S. § 5-2-212, a processing surcharge of up to 3% of the total payment amount may be added to all payments made by credit card. To avoid this fee, pay by cash, check, or ACH. The surcharge will be shown as a separate line item on your invoice.
Commercial Kitchen Equipment Service & Preventive Maintenance