Geotech Payment & Credit Terms


Accepted Methods of Payment:

  • Cash

  • Cashier Check

  • Credit Terms

  • Credit Card (Visa® – MasterCard® – American Express® – Discover® Card)

  • Company Check

  • COD

Credit Terms:

  • Geotech’s current terms are 1%-10 Days/Net 30 as stated on each invoice.

  • It is expressly understood and agreed that these terms are part of the contract between the parties and applies to all Invoices supplied by the Seller.

  • It is agreed the buyer will pay all invoices within the stated terms.

  • Geotech recommends and encourages our cash discount of 1% if paid within 10 days. Discounts do not apply to credit card payments.

  • In the event your account is not paid according to these terms, you agree to pay a SERVICE CHARGE OF 1 1/2% per month on the principal balance during the term of the delinquency. All service charges must be paid.

  • If the account becomes more than 90 days delinquent and is placed in collection, you agree to pay all costs of collection including reasonable attorney’s fees and court costs.

  • In the event of litigation, you agree to the jurisdiction and venue of the City and County of Denver, Colorado.

Open Accounts:

  • Customers with an approved credit line will be extended 1% -10 Days/NET 30 terms.

  • Customers more than 30 days past due will be put on shipping hold until account is once again current.

  • Customers more than 45 days past due will lose their open account status and revert to C.O.D. or credit card payments.

Returned Checks:

  • In addition to any other remedies available under the laws of Colorado, applicant agrees that returned checks will be assessed a $15.00 charge.

Product Returns:

  • Returned Merchandise will not be accepted without first contacting Geotech and obtaining a “Return Material Authorization” (RMA) number. All returns are subject to a 20% restocking fee.

Download Geotech Credit Application

Download Geotech Credit Terms

Geotech 40th Anniversary


2650 East 40th Avenue
Denver, Colorado 80205

Other Locations
North Carolina

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