StillFriday – Net 30 Payment Terms Policy

Effective Date: 12/4/2023
Company: StillFriday Wholesale Sunglasses

1. Eligibility for Net 30 Terms

Net 30 terms are extended to approved accounts only and are not automatic.

To qualify, an account must:

• Complete at least one initial prepaid order
• Demonstrate on-time payment history
• Be approved internally by StillFriday

StillFriday reserves the right to approve, deny, or revoke Net 30 terms at any time.

 

2. First Order Policy

All new accounts are required to prepay their first order before shipment.

Once a working relationship is established, Net 30 terms may be offered for future orders.

 

3. Payment Terms

• Payment is due 30 calendar days from the invoice date.
• Invoices are delivered electronically.
• Partial payments do not extend the due date.

 

4. Credit Card Authorization

For all Net 30 accounts, a credit card authorization form is required to be kept on file.

• The card will not be charged if invoices are paid on time.
• The card may be charged for:
  • Past-due balances
  • Late fees (if applicable)
  • Unpaid invoices beyond the agreed term

 

5. Late Payments

• Invoices not paid by the due date may be considered past due.
• StillFriday reserves the right to:
  • Pause shipments
  • Revert the account to prepaid terms
  • Charge the card on file for outstanding balances

 

6. Changes to Terms

StillFriday may update or modify payment terms at any time.
Any changes will be communicated in writing.

 

7. Agreement

By placing an order under Net 30 terms, the customer agrees to the terms outlined in this policy.