Payment Options:

• Prepayment 
• Credit Account

PREPAYMENT:  Those customers choosing to prepay for their purchases may do so at any time.  Cash will be placed on account on a dollar for dollar basis.  Prepaying for item specific purchases may allow producers the opportunity to take advantage of a current pricing structure or discounts where applicable.  Those producers who prepay for specific items understand prepay pricing is not held indefinitely, and prices are subject to expire at the end of Triangle Ag’s fiscal year (July 31st) or as noted on the booking, which ever comes first.

CREDIT ACCOUNT:  All customer accounts not prepaid or not paid in full at the point of sale are subject to the terms of our credit policy.  Our credit policy is that all monthly account balances must be paid in full when the customer’s credit limit is reached or by the tenth day of the month following the month in which transactions took place, whichever occurs first (such date shall be referred to as the “Due Date”).  If an account balance has not been paid in full within ten (10) days after its Due Date, then such account will be deemed delinquent.  Triangle Ag reserves the right to take collection action at any time after an account reaches a delinquent status.

DELINQUENCY:  Accounts deemed delinquent, pursuant to our credit policy, will be assessed a finance charge of 1.5% per month (18% APR) on all past due invoices.  Furthermore, a delinquency fee of 5% per delinquent transaction will be assessed to such delinquent accounts.  Triangle Ag reserves the right to close a delinquent account to all future purchases and may demand immediate payment in full after giving the customer notice and opportunity to resolve such customer’s delinquent account status.

COLLECTION COSTS:  The customer shall be liable for the payment of all our collection costs, court costs, and attorney's fees to pursue payment of your debt in the event that payment is not received when due.

SECURITY INTEREST:  By using your Triangle Ag account, you grant Triangle Ag, LLC a purchase money security interest (PMSI) in all products purchased through your account, in addition to any proceeds from it.  The PMSI continues until the products are paid for in full.

ACCOUNT DISPUTES:  Disputes must be reported to the main office (888-731-8937) located at PO Box 305, 327 1st St SW, Ulen MN 56585 by the 10th of the month following the transaction date.

Our company views credit as a privilege and not a right.

This policy has been designed to protect Triangle Ag, LLC and the customers we serve.

THANK YOU FOR YOUR COOPERATION!
BOARD OF DIRECTORS AND MANAGEMENT

The Triangle Ag Board of Directors reserves the right to make changes to this policy at any time.  Customers with an established account will be notified in writing of such changes at least 30 days prior to the effective date of the change.  Triangle Ag, LLC also reserves the right to delay enforcement of this policy without losing them.