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Payment Options & Terms

Payment Options & Terms

What are the payment terms for Penny Hydraulics products?

Payment terms are dependent on a customers financial history with us and will be outlined at quote/order stage. It is typical that 50% up to a full upfront payment be requested from new customers. Long-standing customers may be given the option to open a credit account with us. This is subject to receipt of a completed credit application form and the necessary credit checks being carried out. 

We use credit report data from RiskDisk (part of the Experian Group). RiskDisk allows us to determine the credit worthiness of our customers and prospects using an Experian Commercial Delphi scorecard and many other publicly & privately available data sources.

What are the payment methods available?

The payment methods we have available are bank transfer (BACS), payment by credit/debit card over the phone, payment by cheque (cleared funds required), or cash on collection. Please note that we do not accept American Express.

I’m an overseas customer, how do I buy from you?

You can submit your purchase order either by email at sales@pennyhydraulics.com or over the phone on 01246 811475 and speak to the relevant department.

Can I pay in a different currency?

Unfortunately not, due to fluctuation in exchange rates, we only accept payment in sterling (GBP)

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What our customers say

Wiegel Transport Equipment
Wiegel Transport Equipment
"Penny Hydraulics has been a supplier for Wiegel Transport Equipment for many years, they are a family owned business and so are we. This reflects in quick communication and solid answers needed for markets that we serve and the solutions they are creating. As their overseas distribution partner it results in content Penny customers in Western Europe."
Doosan Group
Doosan Group
"The quality of the product is second to none and the support from yourselves has been outstanding."
Joy Mining
Joy Mining
"They are unfailingly polite to deal with and provide me and my team with an excellent service for which we are very grateful. "
St Pancras Hotel Group
St Pancras Hotel Group
"Thank you for your assistance in arranging the repairs so rapidly."

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