Payment Terms
Support
Brand &Distribution
Factory & Custom
Payment Terms
Option 1: Pay us at T/T
The payment can be paid at 3 times.
The 1st Payment (the deposit, 30%): The buyer shall pay the 30% of the total amount as deposit to Freego to enable Freego factory can make customized samples for buyer's approval before mass production starts.
The 2nd Payment (done payment, 50%): The buyer should transfer another 50% of total amount to Freego after the sample or customization is accepted by the buyer. This payment is used to enable Freego to start production of all the parts, like motors, batteries, controllers, frames.
The 3rd Payment (the balance, 20%): After production is finished, the buyer is allowed to inspect the quality of the goods within 3 days. The buyer has 3 days to reclaim the quality issue after the inspection work is done. When inspection is finished, the buyer must pay the balance which is the 20% of the total payment immediately.
Option 2: Letter of credit
For big orders USD500,000 +
We accept L/C at sight usually. For 30 or 60 days L/C, we can negotiate when we know more about your business types and operation status.
Option 3: OA 45 days
This is optional for those big companies who have good credit in the business world and it has good credit in Sinosure.
Option 4: Western Union
