I hereby authorize Quanta Distribution Inc. to use the information on this credit application in reference to opening a charge account for the above named company applying.
Quanta Distribution Inc. may cancel this charge account and any privileges at any time without notice but it is understood and agreed that this does not relieve the above named company for purchases when due. It is understood and agreed that a service charge of 1 ½ % per month (18% annual) will be charged on all past due accounts.