All invoices are payable on the 10th of the month, in accordance with the dealer's Acceptance of Terms for each product line program
Payments received after the 10th are subject to a loss of discounts and a finance charge for the number of days past due
Floor plan is due under the guidelines of the product plan number or when sold - whichever comes first
Dealer agrees to pay on the 10th of the month for all units sold prior to the due date(s)
Statement cut-off is the 25th of the month; finance charges are calculated from the 10th of the month on past due invoices
If the 25th falls on a Saturday or Sunday, the cut-off will be the Friday before
If the 25th falls on a holiday, the cut-off will be the last working day scheduled by OED
Invoices for $100 or less for merchandise that qualifies for installment payments are subject to be billed with a single due date
Available discounts and/or allowances may be utilized if your payment is received at OED by the 10th of the month
Credit memos should be utilized within the current statement cycle
Payments may be made anytime on our website
Online Bill Pay is a real time balance of your account and is available 24/7 - it is the quickest and most cost-effective way to manage your account
You have the option of paying with a credit card or E-Check
Credit Card payments incur a 3% convenience fee
There is no fee for E-Check transactions
Past due accounts do not qualify for free freight and orders are subject to being held until payment is made
30 days past due: Dealer will be notified that their account is past due. The past due amount will start accruing interest at this point. No Pre-Paid Freight will be honored until the account is current.
60 days past due: Dealer's account will be placed on a DO NOT SHIP status. The account needs to be made current to resume shipments.
90 days past due: Dealer will be locked out of the system and instructed to contact their Territory Manager. No orders can be entered or shipped until the account is current.
