1. Billing Schedule
Fleet account statements will be generated and mailed on a monthly basis, in addition to emailed to the email on file. A detailed breakdown of services rendered is on invoice at time of service.
2. Payment Terms
Payment is due Net 30 days from the date of invoice. Accepted payment methods include:
• Company check
• Credit card
3. Late Payment Policy
A late fee of 1.5% per month or $25
minimum will be applied to past-due balances. Accounts past due over 60 days may be placed on service hold until the outstanding balance is resolved.
4. Disputed Charges
Any disputed charges must be reported in writing within 10 business days of the invoice date. Disputes do not exempt the remaining undisputed balance from being paid on time.
5. Credit Limits
A credit limit may be assigned based on business history, volume, and credit check. Fleet accounts exceeding their credit limit may be temporarily suspended until payment is received. Custom usage reports and billing summaries can be provided to assist with fleet management.
6. Account Termination Due to Nonpayment
Repeated late payments or unresolved balances beyond 90 days may result in permanent suspension or termination of the fleet services account. Upon termination, the full balance becomes immediately due.
7. Contact and Billing Information
It is the responsibility of the fleet account holder to keep billing contact information current, including email addresses for Fleet Account Statements
Changes must be submitted in writing
to blaine@premieroilchange.com