Minn-Kota Ag Products 2010 Credit Options & Policies  

 In House Credit Accounts:

 Minn-Kota Ag Products will continue to offer credit sales using your current in house account with the following exceptions: 

-       All accounts are due and payable by the 15^th of the month following the statement date.  ALL accounts must be kept current, past due account will be assessed a service charge of 1.5% per month.

-       If your account is not paid by the 15^th of the month we will ask you to roll your balance due over to Farm Plan @ Prime + 7.0% (currently 10.25% interest), due in December of 2010. From then on all future purchases will be placed on your Farm Plan account @ Prime + 4.75% (currently 8.0% interest).

Farm Plan Delayed Payment Accounts:

-       You can request us to place all sales on a Farm Plan Delayed Payment Account. All purchases will accrue @ Prime + 4.75% (8.0%), and will be due in December of 2010.

Credit Card Sales: 

-       We also accept VISA, MASTERCARD, and DISCOVER CARD. All credit card sales will be subject to a 2.5% up charge.  

 Cash Sales:

-       Cash Sales are welcomed.

-       Cash sales will be eligible for a 1% cash payment discount. To receive the 1% discount you must make your payment at the time of purchase.

-       We will accept prepayments to your account, which will also be eligible for a 1% cash discount.