TI line of credit
Delivering N30 payment terms for all purchasing via a convenient self-service suite
An active myTI company account is required to participate. Don't have one? Create a myTI company account.
Benefits
Unified purchasing experience
- One line of credit and self-service feature set for TI store and backlog customers regardless of the ordering method: API, web or backlog placement.
Secure and fast application via myTI dashboard
- Leverage company account set up to pre-populate information and securely upload your documents and expedite your application by providing Dun & Bradstreet D-U-N-S® number.
Real-time monitoring of your credit account
- View your line of credit utilization information for a quick and easy application for credit increase, and get real-time information and notification about overdue invoices, plus integrated credit check at order placement.
Country & currency independent
- Apply once with your preferred currency and use your approved line of credit for purchases in 15+ currencies to over 140 countries on TI store.
Extensive self-service features
- View and download your invoices and statement of account, apply to open invoices and set up preferences for automatic delivery, unused funds and remittance preferences as needed.
Seamless customer support
- Full FAQs and convenient onboarding package to support vendor set up, incl. WW banking and tax information, and pre- and post-order 24/7 customer support.
Documents
W-9 form
Bank setup
Remittance template example
Setting information
TI LOC application
- Form that an administrator and/or finance member of a company account can submit to request a line of credit.
- Consists of multiple steps that must be completed in order to submit the application.
- The user has the capability to save a draft of their application if they wish to save any changes and submit at a later time.
Invoice dashboard
- Collection of all financial invoices and credit memos for the company accounts - with details to let the customer know when invoices are due.
- A user can download a view to excel format.
- A statement of account download is available - providing a shapshot of current open invoices.
- A remittance template is available for download from the invoice dashboard.
Checkout using TI line of credit
- Admins, Buyers, and Finance members can purchase with TI line of credit for any region and available currency combination.
- On the Payment step, the TI line of credit will be presented as a payment option if the company account has been approved for a TI line of credit.
- Admins, Buyers, and Finance roles in a company account can create and save new profiles from web checkout with TI line of credit as the payment method.
Remittance preference setting
- Accessed from the myTI dashboard.
- Allows Admin and Finance roles to set the Remittance preferences for the company account.
- Determines how invoices will be cleared for TI line of credit.
Invoice delivery setting
- Accessed from the myTI dashboard.
- Allows Admin and Finance roles to subscribe themselves, or others in their company, to receive a statement of account for all unpaid financial invoices on a periodic basis.
- Customers can enter up to 3 email to receive a statement of account.