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Home : Credit Guidelines

AllChem Industries Credit Guidelines

Companies attempting to establish credit with the AllChem Industries Group should meet the following general guidelines:

Factor:

Required Value:

Total Debt to Equity

6:1 or less

Current Ratio

Greater than 1.1

Coverage Ratio

Greater than 2.0

Profitability

Positive net income for the latest accounting period.

Trade References

4 references from other suppliers that offer terms similar to those requested.

Bank References

Positive bank reference from a bank with which you have a borrowing relationship.

Dun & Bradstreet

No adverse information reported on a D&B report or similar credit report.

Bankruptcy

You are not currently in bankruptcy nor have been in a  bankruptcy proceeding within the past three years.

As is always the case with guidelines, exceptions will be necessary to handle special circumstances.  However, companies who do not meet the above values should submit an explanation with their credit application detailing the special circumstances which they believe warrant a waiving of these guidelines.

AllChem's finance manager, credit@allchem.com, would be happy to discuss any special circumstances directly with you as needed.

 

 
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