Terms are Net 30 days due from the invoice date. A service charge of 10% will be added to past due accounts. To establish a credit line with Magmedix, please provide bank name, address, phone number, and contact person along with bank account number and three business references. ** On FIRST order, or if this is a NEW business started within the last 6 months, payment should be made by check or credit card while credit is being established.