Discounts
Discounts
apply only if account is current. For inventory purchase only, there
is a 2.0% cash discount on merchandise paid in full. There is a 1%
discount on certified stones. On memo goods, there is a 1.5% cash
discount if payment is received within 5 days of the memo date. (Send
payment immediately.)
Certified
Diamonds
Certificates
will be sent only after invoice is paid in full.
Credit
Terms
Credit
applications can be obtained from our Atlanta office. Net 30 days
for accounts rated JBT 1 or 2. All others, rated or unrated, must
pay cash or cashier’s check upon receipt of goods until an account
can be established. All others under $300 are C.O.D.
“Mazal
Ubracha” Buying Plan
Mazal
Ubracha means “luck and blessing.” Traditionally said when
deals are made, this is the oldest term in the diamond industry. Crown
Diamond Company’s Mazal Ubracha Buying Plan enables, customers
to have inventory on hand now and pay for it over time. Unsold diamonds
may be exchanged, and if nothing has been sold within 90 days, full
cash refunds will be sent. No exchanges on stones smaller than 0.50
carats, parcels or melle.
Payment
Schedule
For
inventory purchases, customers may pay according to the following
schedules:
| Under
$3,000 |
— |
net
30 days |
| 3,000
– 5,000 |
— |
30-60
or 20-40-60 |
| 5,000
– 10,000 |
— |
30-60-90 |
| 10,000
– 40,000 |
— |
30-60-90-120 |
| over
$50,000 |
— |
Call |
Returns
Merchandise
returned after 60 days may be subject to a 5% restocking fee (after
90 days = 10%; after 120 days = 20%). No returns will be accepted
after 180 days.
Past
Due Accounts
All
past due accounts will incur finance charges of 1.5% per month on
overdue balances.
Still
have a question?
D-mail
Us
|
