Credit Terms and Application

Team K/E's terms and conditions are as follows:

January 2008

Annual statement of credit policy

K/E Electric Supply extends credit terms to our customers based on similar terms issued by the majority of our manufacturers. These terms are implemented to all open charge accounts and will be strictly adhered to:

Invoices dated the 26th of a month through the 25th of the following month, are due on the following 10th of the month.

Invoices not paid by the 25th of the due month will be charged a 1-1/2% service charge on the 26th, and on each subsequent 26th, until paid. This represents 18% per year.

An account that exceeds its credit limit or becomes 60 day past due will be placed on STOP or C.O.D. basis with an appropriate collection procedure taken.

Invoices will be mailed to our customers on a twice-weekly basis. Statements are issued and mailed to reach you by the 1st day of the month, following the month of purchase.

The policy on merchandise returned is: Stock merchandise in the original carton and condition may be returned in reasonable quantities, when the original invoice is presented. Returns of special orders are subject to our manufacturer’s return policy.

Thank you and best wishes for your continued success.

Applicants may download our credit application and return it by fax or mail.

Click here to down load a Credit Application