What are payment terms?
Funds from purchasing party will be taken into escrow immediately and held until the material has been accepted or within 20 days of shipping. Upon approval funds will be released to the seller.
“I normally get at least 20 day terms”
- In this system, you are gaining the benefit of competitive of usually heavily discounted items. Funds are NOT passed directly to the seller immediately. Instead, they are held in an escrow account to ensure accountability by each party. This is clean and simple and avoids the hassle of tracking down payment on invoices, which is the point.
- Because inventory is as shown, product is set to sell and ship quickly.
- In some instances, we will consider the nature of the proposal.