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What is financing through Balance?
LePrix has partnered with Balance to offer term financing for our B2B customers.
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What forms of payments are accepted?
You may choose to pay now by ACH or Credit Card or pay later using Balance Financing.
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Will this impact my credit score?
No, this is a soft inquiry and will not affect your credit score.
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Why should I use the financing option through Balance?
Using the financing option through Balance helps with your cash flow and inventory procurement, allowing you to secure the pieces you need for your cu...
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What are the finance options with Balance?
Using financing through Balance allows net terms with two options: 30 days (no fee) 45 days (+1.5% fee)
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Can I split payments by using the financing from Balance, ACH and/or Credit Card?
For Pay Now options, you can split payments as needed. The invoice must be paid in full within 48 hours to be eligible for Wholesale Credit Rebate. F...
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I wasn’t approved for financing through Balance, can I reapply?
Yes, you may reapply after 90 days (3 months) after your first financing request.
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How can I request an increased credit line with Balance?
Credit increase requests may be submitted to your Account Manager after the 30 day initial approval period.
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What information do I need to apply?
**UPDATE (As of June 2024) ** Sole Proprietors are eligible to apply. To apply Balance will need the following information: Business Name (your busin...
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What is Plaid?
Plaid is a secure service that allows you to connect your bank account. If Balance requires additional information, you can use Plaid to connect your...
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Do terms begin when I apply or when my order is shipped?
Terms begin at invoicing.
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What happens if I pay my invoice early?
If you are choosing a Pay Now option, you may receive a 1% Wholesale Credit to invoices paid in full within 48 hours of invoicing. Credits are issued...
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Can I use Balance for past invoices?
Once financing through Balance is launched, it can be used on current invoices that may include past purchases. Balance financing cannot be used for p...
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What happens if my item(s) are canceled or do not pass inspection?
Any payments made on items that do not pass inspection will be refunded back to you.
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Is the payment process changing?
Payment processing will remain the same with financing as an added option. Invoicing will shift up to the confirmation stage.
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