Service Credit Line
Clients who demonstrate a consistent commitment to on-time payments are granted a $500 credit line every six months up to $5,000! Payments terms are up to six months for all one-time design and development services,
Service Credit Line is a simple, zero-interest credit line extended to long-term clients. The intent of the line is to provide clients with a good payment history the opportunity to purchase products and services interest-free and in up to six installments.
Who qualifies: Existing clients who have had contact with the company for at least six months. Clients must have never been assessed a late fee nor can they have ever charged back a credit card or check draft.
Who does NOT qualify: Sales prospects nor clients with any chargebacks or late fees.
How credit limit is determined: Every six months from the time the client first contacted our company and was entered into the database, the client will receive a $500 increase up to $5,000.
What services can the credit line be used for: The credit line can be used for any and all one-time services. Server-side development services must be approved by management prior to commitment.
Start of Program: May 3, 2013
How are clients notified: Clients are notified by e-mail, starting on May 1, 2013 and every 6 month anniversary thereafter on the 1st of each month alerting them of any credit line increases. Credit lines will be issued retroactively, so clients older than 6 months old will automatically be given more than $500 of credit. Some will receive the full $5,000 credit line from the beginning.
Process: All sales go through your sales representative. Client must provide the social security number of the individual guaranteeing payment in order to use their credit line for any orders over $500.
Terms: The client qualifies for payment terms based on the total amount of the purchase. The payment terms determined using the following criteria:
- <= $500: 2 Payments
- > $500: 4 Payments
- > $2,500: 6 Payments
Version 1.1 • Last Updated 5/3/2013 4:01:40 PM
Back to Search