What are Bock Lighting's standard business terms — including minimum order, payment options, credit accounts, overage policy, and commission structure?

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Minimum Order: The standard minimum order is $50.00 (USD) . Bock Lighting has accepted orders below this amount at their discretion — smaller orders can be discussed with your project manager. Payment Options & Terms: - Credit cards are accepted. A credit card authorization form is available from your project manager or sales rep. For one-time purchases, a Shopify payment link can be provided. - EFT/wire transfer banking details (beneficiary bank, SWIFT code, transit number, account number) are available upon request from your account representative. - Credit accounts are offered to qualified customers. A credit application is required to establish or update an account. To request a credit limit increase, submit an updated credit application. - Full payment terms are published at: https://www.bocklighting.com/sales/terms Overage Policy: - Standard lead times: Overage is split 75% customer / 25% manufacturer (i.e., the customer pays for 75% of overage). - Rush orders: Overage is split 50/50 , and an expediting fee of up to 25% may also apply. - Overage is calculated based on Distributor Net (DN) pricing. Commission / Buy-Sell Structure: - The standard commission is 10% off DN/book price (equivalent to a 50/50 split on the 20% commission model). - Alternative arrangements are available: buy/sell pricing (10% off DN price), or reduced commission rates (e.g., 5%) for more aggressive pricing. - For larger volume orders (20–30+ pieces), more competitive pricing/commission may be available — contact your rep. - Commission splits of 70/30 or 80/20 have been discussed depending on the specific arrangement. - Commissions are typically paid monthly; provide invoice numbers when inquiring about commission payments.