Trade Credit Policy

To facilitate and streamline the credit offering process to our esteemed customers while ensuring the financial stability and operational efficiency of BulkBox.

1. Registration:

All interested businesses must initially complete the BulkBox Registration Form, providing all necessary details.

2. Initial Transactions:

For the first three orders, payment is required upon delivery. No credit will be extended during this introductory period. This helps in understanding the transaction behavior of the customer and ensures mutual trust.

3. Trade Credit Application:

Post the initial three orders, businesses interested in availing credit must submit the Trade Credit Application Form. This will allow BulkBox to carry out a comprehensive Credit Risk Assessment to determine eligibility.

Standard Credit Terms

Upon successful credit evaluation, a standard credit period of 7 days will be provided. It’s essential for businesses to adhere to these terms to maintain a healthy credit relationship.

Statement of Accounts & Payments:

Statement Release: Every Friday at 12pm, the Statement of Accounts will be sent to all customers.
Payment Due: To ensure smooth operations and maintain the trust, payments against the Statement of Accounts are expected to be settled by the following Monday.
Order Processing & Outstanding Balances: After the release of the Statement of Accounts, BulkBox will process one subsequent order. However, post this, any further orders will be on hold until the total outstanding balance is cleared.

Important Note:

Consistent delays or non-adherence to the credit terms may lead to a review or potential withdrawal of the credit facility. Our objective is to build a lasting and trustworthy business relationship, and we appreciate the mutual understanding in this regard.

Sales & Customer Service

Tel: 0789 853 275

Whats app: 0789 853 275

Email: sales@bulkbox.co.ke

Trade Policies

Delivery Policy