Auction Payment

Sale Currency: USD ($) unless otherwise stated

Payment Methods

  1. Wire Transfer
  2. Check
  3. Purchase Order (Select University buyers)
  4. Credit Cards are accepted for purchases under $1,000

Wire Transfer:

  • Winning bidders will be emailed wire instructions along with their invoice
  • This is the preferred payment method
  • Buyer must include the auction name and the bidder number with the wire


  • Payment can be made by check, but Buyers will NOT be issued a PAID IN FULL invoice until the check clears
    • Checks can be sent to:
      Heritage Global Partners
      12625 High Bluff Drive
      Suite 305
      San Diego, CA, 92130
  • Please include the invoice number on the check

Credit Cards:

  • Credit Cards are used when registering but not automatically charged
  • We do NOT accept Credit Card payments on invoices over $1,000
  • Buyers can pay an invoice with a credit card by contacting HGP after the auction and paying over the phone
  • A 3% surcharge will be added to the buyer’s invoice in the event of a Credit Card payment
  • HGP reserves the right to reject use of a Credit Card at its full discretion

Purchase Order:

  • Depending on the auction, HGP may elect to allow Universities and certain research organizations to pay by Purchase Order
  • HGP will determine the number of days for the payment terms, based on each specific auction (PO’s typically need to have 7-15-day payment terms)
  • Buyers will not be provided a PAID IN FULL invoice until full payment is received (receipt of a PO will not penalize the buyer for payment received after the deadline)

Sales Tax:

  • Sales Tax will be applied and charged on all invoices based on rules and regulations of the state where the assets are located unless the buyer qualifies for an exemption and provides an exemption form to HGP
  • Buyers shipping out of the State (or Country) will be reimbursed sales tax when they provide HGP a Bill of Lading or other relevant shipping documents showing purchases were exported
  • Domestic buyers are allotted 30 days and international buyers are allotted 90 days post auction to provide shipping documentation

Authorized Agent Release Form

  • Buyers may either pick-up the assets themselves or contract with a third party to arrange for asset removal, packing, rigging, and/or shipping
  • If the person picking up and removing equipment from an auction or sale location will be someone other than the registered buyer at that sale, the registered buyer must establish that person/company as an “Authorized Agent” by completing the following form