PAYMENT TERMS FOR QUALIFIED BUSINESSES
Business Credit Account with Approved Payment Terms
Qualified companies can apply for a Shoppable Business term account with industry-standard 30-day payment terms. Longer approved terms of up to 90 days may be available depending on credit review, assigned limits, and commercial requirements.
Apply for a Credit AccountWhat is a Shoppable Business credit account?
A Shoppable Business credit account is a trade account that allows an approved company to place eligible business orders and pay according to assigned invoice terms instead of paying every order in advance. Standard terms begin at 30 days for qualified buyers, while longer payment periods of up to 90 days may be approved after company and credit review.
How a business credit account supports purchasing
Preserve working capital
Approved invoice terms can help companies align operating purchases with internal cash-flow and payment cycles.
Reduce payment friction
Eligible orders can be billed to the approved company account instead of requiring a separate advance payment for every transaction.
Centralize documentation
Receive quotations, official invoices, and applicable order documents under the approved customer account.
Support recurring purchases
Use the account for approved repeat requirements across suitable business categories and operational needs.
Control account exposure
Purchases remain subject to the assigned credit limit, approved terms, order authorization, and account standing.
Work with one team
Coordinate account questions, quotations, purchasing requirements, and payment documentation with Shoppable Business.
How the credit-account application works
Submit company details
Provide the requested business, billing, purchasing, and authorized-contact information.
Complete documentation
Shoppable may request supporting company, financial, banking, or trade-reference documents depending on the application.
Credit review
The application is evaluated according to the company profile, requested exposure, available information, and internal credit requirements.
Receive account terms
Approved customers receive an assigned credit limit, payment period, and applicable account conditions.
Place eligible orders
Submit requirements for quotation and approve orders through the company's normal purchasing process.
Pay by the due date
Settle official invoices according to the approved terms and payment instructions to maintain the account in good standing.
Credit-account terms at a glance
Approval is not automatic. Final limits, payment periods, eligible orders, and account conditions are determined after review and may change based on account performance or commercial requirements.
Payment period
Standard approved terms begin at 30 days. Longer terms of up to 90 days depend on the customer profile and credit decision.
Credit limit
Each approved account receives a purchasing limit based on the completed review.
Eligible purchases
The account may be used for approved Shoppable Business quotations and orders, subject to account conditions.
Account maintenance
Invoices must be paid according to their due dates and the account must remain within approved limits.
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Frequently Asked Questions
What is a business credit account?
A business credit account is an approved commercial arrangement that allows a company to purchase eligible products and pay invoices according to assigned payment terms. It is different from a consumer credit card and remains subject to a credit limit, due dates, and account conditions.
What payment terms are available?
Qualified buyers may receive industry-standard 30-day payment terms. Longer terms of up to 90 days may be approved depending on credit review, company profile, requested exposure, supporting documents, account standing, and the final approval decision.
Is every company eligible for a credit account?
No. Credit-account availability is subject to application, documentation, review, and approval. Shoppable may approve, decline, limit, or request additional information for an application based on its credit requirements.
What documents are required?
Requirements vary by company and requested credit exposure. Shoppable will provide the applicable checklist and may request business registration, billing information, authorized contacts, financial information, banking details, or trade references.
How is the credit limit determined?
The assigned limit is determined during credit review using the company information, requested purchasing level, supporting documentation, and internal credit considerations. The approved limit may differ from the amount requested.
Can a credit account be used for bulk orders?
Yes, approved customers may use available account credit for eligible bulk orders, subject to the assigned limit, quotation terms, product availability, order approval, and current account standing.
Do payment terms apply to every quotation?
Not necessarily. Eligibility may depend on the product, order value, project requirements, supplier conditions, available credit, and quotation terms. The applicable payment arrangement will be stated in the approved quotation or invoice.
Can credit terms or limits change?
Yes. Credit limits, payment periods, and account availability may be reviewed based on payment history, account usage, updated company information, changing risk conditions, or commercial requirements.
Apply for a Shoppable Business credit account
Tell us about your company, expected purchasing requirements, and preferred payment cycle. The team will provide the application requirements and review process.
Apply for a Credit Account
