|
|
|
Credit Policy
Wholesale Customers Only
|
To qualify for credit with us, we
need you to complete and sign our credit application with a
personal guarantee.
Upon receipt of your completed application, we will check the
references you listed. For established, well-referenced companies,
we should be able to grant credit to you within 15 working days.
For new companies or those with no references listed, we require
that you place eight orders with us on a C.O.D. basis to establish
your credit. After eight successful orders, we will generally
grant credit and establish a credit limit for you.
When credit is granted, you will receive a statement on a monthly
basis. All monthly balances are due on a net 30 day basis from the
date of the statement. If we establish a credit limit for you, you
will not be able to charge over that amount. You will need to
reduce your outstanding balance in order to receive more credit.
If your account is over 60 days we will request immediate payment,
or require that you go on a C.O.D. basis until your account is
current again.
If your account is over 90 days, we will suspend all service and
begin collection processes.
At 120 days overdue if no payment is made, we will proceed with
active collection and it will become a permanent part of your
credit history. |
|
