EAST CENTRAL IOWA COOPERATIVE'S CREDIT POLICY
Dear Patron/Customer:
The Board of Directors has established a credit policy, effective April 1, 2004 to be used as a guideline in establishing credit.
Purchases made during this month will be billed on the last day of each month. The balance shown is due and payable on or before the 15th day of the month following the purchase.
Should the balance remain unpaid after the 15th, finance charges of 11 1/2% per month (annual percentage rate of 18%) with a minimum of $1.00 will be applied. Should the previous month's balance remain unpaid on the last day of the month following the purchase (60 days), the customer will be on a cash basis only unless prior arrangements are made.
Under Iowa law, all general partners of a partnership are liable for the debts of the partnership.
By making a credit purchase after receiving a copy of this credit policy, you agree to be bound by terms of this credit policy.
Thank you for your patronage
Sincerely
Management
You may fill out your credit application below by clicking on the link that pertains to you:
Business Credit Application
Personal Credit Application |
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