Accounts not paying within 30 day terms are subject to being placed on credit hold and assessed a 1.5% service charge, each month, on past due invoices.
Delinquent accounts will be required to pay Cash-In-Advance (CIA). Checks will be accepted but orders will not be released until the check has cleared the bank. Accounts paying CIA will be extended a 5% discount off the bottom line of their order.
Accounts may also pay by credit card.
Cash-on-delivery (COD) orders will no longer be accepted.
New Accounts:
New customers, whose credit application have yet to complete processing and who desire to order immediately, may pay by credit card.
Returned Checks:
All returned checks will be assessed a $20.00 handling fee.
Accounts Sent to Collection:
Accounts sent to collection will be assessed a 20% Collection Fee to offset the cost expense.
Statement of Policy:
Delinquent accounts add to KNS’s overhead costs and are ultimately passed along to our good customers. We do not want to penalize any of our good customers and, as a result, expect all customers to pay for the products we provide as stipulated by acceptance of our payment terms. Payment within terms is expected and accounts not complying may have their 30 day terms privilege rescinded at KNS’s discretion.
DISCLAIMER
KNS reserves the right to amend or change our Policies & Procedures without notice.
KNS is determined to offer the highest quality classic antique auto parts and accessories at competitive prices.
Our companys goal is to continue to grow into the leading supplier of restoration parts and accessories in the United States.
KNS Accessories Manufacturer and Distributor | Antique Auto Parts for Ford Model A and Chevrolet Antique Car Parts | Wholesale Only
