payment POLICY

Core Cans LLC

Billing/Mailing: 5150 Fair Oaks BlvdSuite 101, Box #110 Carmichael, CA 95608

Warehouse/Pickup: 10098 Twin Cities Rd. Galt, CA 95632

Billing Email: accounting@corecans.com

Phone: 916-244-6090

1. Net 30 Terms:

Eligible accounts may be extended Net 30 payment terms. Eligibility is based on credit history, including but not limited to:

No overdue balances
A consistent record of on-time payments

‍Core Cans reserves the right to modify or revoke credit terms at any time if payment history changes.

2. Late Payment Finance Charge (Simple Interest):

Invoices not paid by the due date are subject to a late payment finance charge of 1.5% per month (18% annualized) calculated on the unpaid invoice principal.

The late charge is assessed the day after the invoice due date.
The late charge accrues monthly on the original overdue amount until paid in full.

Example: A $10,000 invoice due March 1 that is unpaid on March 2 will incur a $150 late fee (1.5% × $10,000). If paid on April 15, the total late charges would be $300 (two months × $150).

3. Credit Hold / Future Orders:

If any balance becomes past due:

Open orders may be placed on credit hold.
Core Cans may decline to release product until the account is current.
Additional orders may require prepayment until terms are reinstated.

4. Loss of Credit Terms:

Repeated late payments or a past-due balance may result in:

Suspension of Net 30 terms, and/or
Conversion to Prepay only.

Terms may be reinstated once the account returns to good standing on a case-by-case basis.

5. Payment & Contact Information:

For questions or to discuss payment arrangements:
‍Email: accounting@corecans.com
‍Phone: 916-244-6090
‍Billing Address: 5150 Fair Oaks Blvd, Suite 101, PMB #110 Carmichael, CA 95608

Thank you for choosing Core Cans, we appreciate the opportunity to work with you.