Menu

AR Policy

  1. We sell to authorized resellers/dealers only
  2. We offer net terms upon approval of credit application. Otherwise payment options are:
    1. Cash
    2. COD-Cash Only
    3. Cashiers Check
    4. Credit Card (VISA, MC, Discover, AmExp)
    5. Wire Transfer
  3. General terms & Conditions
    1. Invoices sent on same day order shipped
    2. Invoices payable within terms established for customer at the time of invoice creation
    3. Any invoice still due one day after stated terms is considered past due
    4. A 2% per month service charge will be added to all past due invoices. No additional credit will be extended to past due accounts unless satisfactory arrangements are made with our credit department
  4. Granting of credit terms, approval of credit and special circumstances
    1. All credit approval including new customers, changes to existing customers and one time approval of “special” orders must be authorized by the credit department or the finance department
  5. General Collection Procedures
    1. Collection efforts shall begin on all outstanding invoices extending beyond payment terms established for your account.
    2. A minimum of three (3) contacts or billings requesting payment will be sent at 30-day intervals once an account becomes past due. An account becomes past due based on the terms of your account.
    3. If collection efforts of Ready Distribution have failed to produce payment, an account is then classified as defaulted. Any defaulted receivable shall be referred to a collection agency within a reasonable time after the final collection letter.

© 2008 Ready Distribution - All Rights Reserved.