Payment Terms and Fee Structure
Industrial Surplus Solutions, Inc.
General Matters
For the buyer:
Payment is due upon purchase. Once the buyer has selected an item and placed it in
their cart for checkout, the buyer will be responsible to pay for the selling price
of the item, and an 8% service fee plus shipping and handling. All monies due will
be collected from the buyer at the time of checkout via the
TOOLINGMARKETPLACE.COM payment interface, utilizing a credit or debit card.
The buyer will have 72 hours after the receipt of the order to notify
INDUSTRIAL SURPLUS SOLUTIONS, INC. of any problems with the shipment by
contacting us. See our
Return Policy for more information.
For the seller:
Once an item as been sold, the seller will be notified via email and provided with a
link to generate a packing slip and shipping label. The seller will ship the package
to the buyer using the provided materials. Once shipment is confirmed, via electronic
signature from the shipping system, payment will be released to the seller
electronically (unless otherwise arranged) for the full amount of the sold items, less
a 12% commission fee. The net proceeds of the sale, less the commission, will be
transferred after a 72 hour hold period to ensure that the buyer is satisfied with
the purchase.