What are the terms on payment for equipment that I sell through echoXpress.com?
Typically, equipment is sold with payment terms of 20% down and the remaining 80% balance payable upon delivery / installation of the equipment. To minimize any risk, echoXpress.com provides a clearinghouse service for transactions and receives 100% of the payment from the end-customer before shipping the system to the customer. echoXpress forwards 20% less fees to the seller and coordinates the inspections, shipment, delivery and installation of the product to the buyer. There is a flat fee if Echoserve provides equipment inspection and/or packaging services of $1,500 for a machine (on-site inspection by a professional service engineer, certification and packaging of equipment) and $250 for a probe (inspection at our facility; does not include shipping to Echoserve). If repair or reconditioning of the equipment is required and desired, Echoserve will quote the seller on a time-and-materials basis. The cost of shipping is typically borne by the buyer and runs $500-$1,000 for shipment w
