Last updated: June 2026

This agreement sets out the terms under which GC Trade 68 ("Supplier") provides credit facilities to approved business customers ("Customer").

1. Credit limit

A credit limit will be agreed in writing upon approval of your credit application. We reserve the right to vary this limit at any time with reasonable notice.

2. Payment terms

Invoices are due for payment within 30 days of the invoice date unless otherwise agreed in writing. Statements are issued monthly.

3. Late payment

Overdue accounts will be subject to interest at 8% above the Bank of England base rate under the Late Payment of Commercial Debts (Interest) Act 1998. We reserve the right to suspend credit facilities on overdue accounts.

4. Credit checks

By applying for a credit account you consent to us conducting credit reference checks. Information may be shared with credit reference agencies.

5. Title of goods

Ownership of goods remains with GC Trade 68 until full payment is received. In the event of non-payment we reserve the right to reclaim goods.

6. Termination

Either party may terminate the credit agreement with 30 days written notice. All outstanding balances become immediately due upon termination.

7. Governing law

This agreement is governed by the laws of England and Wales.

8. Contact

For credit account queries: sales@gctrade68.com · 01473 000 000