Allred’s Inc. is a wholesale only distributor serving licensed contractors, service businesses and industrial or governmental entities who have established wholesale accounts. We appreciate the customers we serve who recognize the value of credit and respect it by paying their bills when due.  To them, we know that a firm credit policy is helpful in minimizing unfair competition.  We welcome new accounts and will extend regular credit terms to them upon verification of reliability through personal and trade references.

A credit application, COD or credit, is available on the credit application page . A properly completed application, signed by the owner(s) or officers of your company and returned to Allred's Midvale office, will initiate a prompt credit review and response.  While credit references are verified, new customers may purchase under Allred's cash purchase options.

Terms of Sale: 

Regular Terms of Sale - Early Pay Discount 2% 10th Prox, Net End of Month, Past Due After.

Payment Options: 

We currently accept the following payment options:

Cash or Check (with proper authorization & approval)
Visa
Mastercard
American Express
Discover Card

Invoicing and Monthly Statements:

Invoices are processed and mailed weekly.  We normally close our books around the 28th of each month; purchases through that date will be included.  Statements of accumulated purchases and credits are mailed on or before the last day of the month.

Each individual invoice will show terms of sale and discount to be earned if paid according to terms.  The monthly statement will show a total accumulated discount for all invoices included on that statement. Discounts are earned only when payments are made by the 10th of the month following purchase. To allow for occasional slow mail service, payments which are postmarked by the 10th of the month and received in our offices by the 15th of the month will be considered for discount.  Payments received in our office after the 15th of the month will be charged back to the account as unearned and show as short paid and will remain on the account until paid.

Invoices become past due if not paid by the end of the month following purchase.  If still unpaid by the 10th day of the second month following purchase, sales can be made only through the Cash Purchase Option (CPO) or credit card options until the account is brought current.

Interest Charges:

Our statement for the month following most recent purchases will show an interest charge of 1.5% per month (18% annually) on any past due amounts.  Payments will be applied first to the interest and then the oldest amount owing, so as to keep the account as nearly current as possible.

Example:
July purchasesDue with applicable early pay discount ... Aug. 10th
Due payable net, end of month; past due after .............. Aug. 30th
Account past due, CPO option in effect ….......………... Sept. 10th

Interest on past due calculated from Sept. 1st, will be added to the Sept. 30th statement.

We recognize that occasionally an amount may become past due for an unavoidable reason. If this should occur, please call our credit department to advise and discuss.  Special terms may be considered.

We hope these frank and objective statements of our credit policies illustrate our sincere interest in providing our customers the best financial services that we are able, and that they will appreciate the necessity of adhering to the stated terms of sale for the business they favor us with.

For questions regarding Allred's Terms Of Sale, please contact us.

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