CTFS Versalite Series Collection

Gold Level

To receive Gold status a dealer must meet the following conditions:

• Have A Total Of (And No Less Than) $25,000 Worth Of Purchases In A Year.
• Maintain All Accounts To A 30 Day NET.

If a dealer does not maintain all invoices to a 30 day NET but exceeded the $25,000 minimum then the dealer will then drop to Silver status for a period of 3 months until all invoices are current and stay current to a 30 day NET.

Any and all accounts that are past 30 days will be charged 2.5% interest, Pro rated daily.

If a Gold dealer choses to pay within a 10 day period they will receive an additional 2% discount from each invoice paid within the 10 day period.

Silver Level

To receive Silver status a dealer must meet the following conditions:

• Have A Total Of (And No Less Than) $10,000 Worth Of Purchases In A Year.
• Maintain All Accounts To A 30 Day NET.

If a dealer does not maintain all invoices to a 30 day NET but exceeded the $10,000 minimum then the dealer will then drop to Bronze status for a period of 3 months until all invoices are current and stay current to a 30 day NET.

Any and all accounts that are past 30 days will be charged 2.5% interest, Pro rated daily.

If a Silver dealer choses to pay within a 10 day period they will receive an additional 2% discount from each invoice paid within the 10 day period.

Bronze Level

To receive Bronze status a dealer must meet the following conditions:

• Have A Total Of (And No Less Than) $5,000 Worth Of Purchases In A Year.
• Maintain All Accounts To A 30 Day NET.

If a dealer does not maintain all invoices to a 30 day NET but exceeded the $5,000 minimum then the dealer will then drop to COD (Cash On Delivery) status for a period of 3 months until all invoices are current and stay current to a 30 day NET.

Any and all accounts that are past 30 days will be charged 2.5% interest, Pro rated daily.

If Bronze dealer choses to pay within a 10 day period they would receive an additional 2% discount from each invoice paid within the 10 day period