Central Credit The process offers otherwise unattainable benefits: Attracts supplier initiatives in the form of special buys. Reduces the number of creditor payments by members by consolidating all centrally billed purchases into one payment. Achieves consistent terms of trade (net 30 days from statement) for all Central Credit purchases. Provides credit limits that in many cases are otherwise unobtainable. Secures access to a wider range of brands and key stock lines. HOW THE CENTRAL CREDIT PROCESS WORKS Leading Edge first establishes a central credit account with participating suppliers. Members complete a central credit account form to establish credit account with Leading Edge. Leading Edge establishes the member account, and allocates the member with a number and appropriate credit limit. Members are then free to continue (if already a customer) or commence to order goods and services directly from suppliers. Suppliers deliver the goods directly to the member in accordance with standard delivery instructions, including a copy of the invoice or packing slip. Suppliers then forward collective copies of invoices for member purchases to Leading Edge for payment. Leading Edge then pays participating suppliers for the collective member purchases. Leading Edge then invoices and collects a single payment from each member for their combined purchases made through the Central Credit facility.