Master Palm Pneumatic Net Terms & Financing

Date: 07/30/2019

Due to the pandemic, all credit terms are now handled on a case by case basis. Please contact us for terms and conditions. 

Due to pandemic, all credit terms are now handled on a case by case basis. Please contact us for terms and conditions.

Master Air Tool companies offer worldwide financing to our authorized distributors worldwide. Currently, net terms are offer based on following conditions:

1. Authorized Distributor/Authorized General Reseller

We offer net 15 to net 30 day terms to our authorized distributors with 50% upfront deposit. Your payment due date will be 15 days or 30 days from the date of confirmed purchase order depending on the net term period approved. Each distributor will have a credit limit starting from min. USD$2500. Authorized distributors have a minimum order of $250 and authorized general reseller have a minimum of USD$500 per order to use the net term. You may pay your net term payment via ACH, Business Checks ( No Personal Checks ) or Credit Cards. To become an authorized distributor or general resellers, you will have to place your qualified order without net term.

2. Business Purchasers

For business purchasers who have more than 3 transactions in the last 2 months, we offer net 15 day terms without upfront deposit or net 30 day terms with 50% upfront deposit. Each net term comes with a minimum credit limit of USD$500, and each order shall be minimum $300. If you use more than your credit limit, you will have to prepay the exceeding amount including applicable deposit based on the net terms. 

To open a net term account, please contact your sales representative to submit your net term agreement. You may pay your net term payment via ACH, Business Checks ( No Personal Checks ) or Credit Cards. To encourage and boost the economy, we do not review your personal or business credit profile but solely rely on the transaction history you have with us and your sales performance.

3. Net Term Restriction

All purchases are for business or resale purposes only. For personal usage, no net terms will be granted. All net term during pandemic is reviewed on a case by case basis, namely, we will review each order to grant net terms. Currently, we are only able to offer net term to business located within the US excluding the US territories. Outside of the US, we offer importer financing and is subjected to credit approval process, an international credit application fee $100 may apply.

All net term purchase shall be submitted to quote@masterpalmusa.com. Any late payment or past due unpaid invoices will freeze your credit limit at least for 1 month after the past due amount is pay-off. Frequent late payment might lead to 1 year or life long ban on credit term usage.