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Customer Account Application
Here's the difference
Credit Application
Payment Terms: The account is set up on a credit basis, allowing the customer to purchase on account and pay later, typically within a defined period (e.g., net 30 days).
Who It’s For: Designed for customers who prefer to manage cash flow by deferring payments or require the flexibility of credit terms.
Approval Process: Requires submission of a credit application, including financial details, references, and a credit check. The approval process may take some time.
Account Limits: A credit limit is established based on the customer’s financial stability and payment history.
Please note that you must have an active customer account and be verified before you can apply for an online account.*
Cash Application
Payment Terms: The account is set up on a cash basis, meaning payment is required at the time of purchase.
Who It’s For: Ideal for customers who prefer to pay upfront using cash, checks, or credit/debit cards.
Approval Process: Quick and straightforward, as there’s no need for a credit check or financial review.
Account Limits: No credit limit is established since all transactions are paid in full at the time of purchase.
Learn about Meier Supply's Customer Application Instructions!
Meier Supply's AR team of professionals wants to ensure you pick the best option for your business needs and are here to assist you in any way we can!
For additional questions, please contact our AR Department at AR@meiersupply.com
or at 607-797-7700