If last unpaid invoice is less than 180 days old, the following rates will apply:

• 22% Fees on placements between $5,000 to $20,000;
• 18% Fees on placements $20,001 and over.

If last invoice is between 180 days and 365 days, the fee schedule is 33%.
If last invoice is over 365 days, the fee schedule is 50%.
If total owed is less than $5,000, a prepaid fee will apply.

The creditor of this claim agrees to strictly refrain from any manner of correspondence with accounts placed for collection. Seafax reserves the right to bill for and creditor agrees to pay costs incurred in pursuing such accounts if it is determined that such contact has taken place. Seafax reserves the right to publish the existence of any collection matter and its status.

Accounts settled direct are subject to charges for the services as outlined in above fee schedules. Seafax reserves the right to collect a flat 10% of the full amount of any account withdrawn. Seafax shall have the right to endorse for deposit and collection, in the name of and on the behalf of the creditor, remittances received on accounts placed with it for collection and to deduct from such remittances its authorized charges. Seafax reserves the right to accept or decline claims on an individual basis.

Debtor company must have a working telephone number or the claim will not be processed by Seafax. All accounts placed for collection must be accompanied by a statement of account.