Credit & Payment Term
Actually, we don’t offer credit to new customer, if you didn’t place order with us before, your application would be probably rejected.
However, if you are old customer and have a good repution in our lighting store, we can consider giving you 15-45 days payment term based on your purchase level in our store rating.
Here is how we handle the payment term if your OA(Open Account) we grant is 15 days.
We can ship out the goods without your payment from our US warehouse, but after 15 days, you need to pay off all the orders during that period.
e.g. if you place one order of 2,000USD worth on Jan. 14th, and later on Jan. 20th, you buy 1,500USD goods from us, and another 3,000USD on Jan. 28th, then you need to pay off all 6,500USD on Jan. 30th. at a time for these orders between Jan. 14th-Jan. 29th.
Then another term starts and accumulates.
In this way, you have no capitals flow pressure and you might get more business because of that, and you can save transaction fee, let’s take the last case as example, for three wire transfer, it might cost you 90USD handling fee, but you only need to pay 30USD if you have our credit term and pay us one time.
Below is the credit application form, please fill in the information required and submit to us if you think you can be qualified.