Legal notice

ELASO LIMITED – WHOLESALE TERMS & CONDITIONS (NET 15)

• Payment Window: All wholesale invoices issued by the Supplier are strictly due 15 days from the date of the invoice (Net 15), unless alternative arrangements are explicitly approved in writing by the Supplier.
• Late Payments: The Supplier reserves the right to charge interest and statutory compensation on all overdue balances in accordance with the Late Payment of Commercial Debts (Interest) Act 1998.
• Suspension of Service: Failure to clear balances within 15 days will result in an immediate suspension of the Customer’s wholesale account, withholding of pending shipments, and revocation of Net 15 credit terms for future orders.

• Minimum Order Value (MOV): Orders must meet the current minimum wholesale thresholds visible on our Shopify wholesale portal.
• Pricing & Taxes: Wholesale prices exclude UK VAT, which will be calculated and displayed dynamically at checkout or explicitly itemised on your commercial invoice. The Supplier reserves the right to update wholesale pricing tiers upon reasonable notice.

• Ownership: Risk of damage or loss passes to the Customer upon delivery. However, legal ownership and title of the goods remains entirely with Elaso Limited until full cleared payment for the specific invoice has been received.
• Recovery: Until title passes, the Customer must store the goods separately, identify them clearly as Elaso Limited property, and allow the Supplier reasonable access to recover them if an invoice becomes severely overdue.

• Inspection Window: The Customer must inspect all shipments within 3 business days of delivery.
• Reporting: Any shortages, damages, or defective stock must be reported in writing via your registered wholesale email, accompanied by photographic evidence.
• Exclusions: Due to the deeply discounted nature of wholesale distribution, standard consumer change-of-mind return policies do not apply to wholesale orders.