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| Credit Application For A Business Account |
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| (* required) |
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| Tax Resale Certification |
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| APPLICANT'S OFFICERS, PARTNERS, or OWNER (list all with 10% or more Ownership): |
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| Agreement |
I represent that the above information is true and correct and is provided to induce Redtex Inc and/or its designated lease/financing company to extend credit to Applicant. I authorize Redtex Inc and/or its designated lease/financing company to make such credit investigation as Redtex Inc and/or its designated lease/financing company deems necessary, including contacting the above banks, trade references, and obtaining credit reports. I authorize all banks, trade references, and credit reporting agencies to disclose to Redtex Inc and/or its designated lease/financing company any and all information concerning the financial and credit history of my company, and my self. I acknowledge that this application is for the extension of commercial credit only and any equipment leased will be used exclusively for commercial purpouse. I have read the Terms and Conditions stated below and agree to all the terms and conditions.
TERMS AND CONDITIONS : All invoices payment terms. Applicant hereby grants Redtex Inc and/or its designated lease/financing company a perfected security interest in any and all goods purchased by Applicant from Redtex Inc (and all proceed thereof) to secure any and all obligations of Applicant to Redtex Inc and/or its designated lease/financing company, including but not limited to the obligation of payment.Redtex Inc and/or its designated lease/financing company is authorized to file and record any financing statements in its discretion. A service charge of 2% per month will be added to all amounts invoiced if not paid within terms. In the event Redtex Inc and/or its designated lease/financing company commences any action or actions, or otherwise seek to enforce this agreement against Applicant, Applicant consents to jurisdiction in California and agrees to pay reasonable attorneys(s) fees, court & other collection expenses incurred by Redtex Inc and/or its designated lease/financing company, whether or not suit is filed.
Note : Credit application must be signed by a principal or owner listed on this application regardless of terms requested. |
| Signatures |
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| PERSONAL GUARANTEE |
| *For the benefit of (Name of Applicant Business):
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| I)*
Residing at *
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| (Owner/Guarantor Name) |
(Home Address) |
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| II)
Residing at
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| (Owner/Guarantor Name) |
(Home Address) |
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| for good and valuable consideration, including the extension of credit to the Applicant identified on this application from which I will benefit, do hereby unconditionally guaranty and promise to pay in full on demand any and all obligations of Applicant to Redtex Inc and/or its designated lease/financing company without regard to any claim of setoff, counterclaim or defense. I hereby waive notice of sale to Applicant, and of the terms thereof, and of non-payment or other default or dispute with Applicant. I hereby waive any right to a jury trial and consent to all renewals and modifications of terms of sale or credit. This is a continuing and irrevocable guaranty that shall remain effective and enforceable regardless of any change in the form, composition, nature, personnel or location of Applicant and I hereby subordinate any indebtedness of Applicant to me to that of Applicant to Redtex Inc and/or its designated lease/financing company. I recognize that my individual credit history may be a necessary factor in the evaluation of this Guaranty and hereby consent to and authorize the use of a consumer credit report on me by Redtex Inc and/or its designated lease/financing company, as a business credit grantor, from time to time as needed in the ongoing credit evaluation process. In the event Redtex Inc and/or its designated lease/financing company should commence any action or actions, or otherwise seek to enforce this Guaranty against me, I agree to pay reasonable attorney(s) fees, court costs and other expenses incurred by Redtex Inc and/or its designated lease/financing company in said action, whether or not suit is filed. I agree that a facsimile copy of this Guaranty shall be considered an original and admissible in a court of law to the same extent as the original document. This Guaranty shall insure to the benefit of Redtex Inc and/or its designated lease/financing company and its successors and assigns and shall bind my heirs, executors, personal representatives, administrators and other successors. |
| By: First Name
Last Name
*
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| (Owner/Guarantor Name) |
(Date) |
(Witness) |
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| By: First Name
Last Name
*
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| (Owner/Guarantor Name) |
(Date) |
(Witness) |
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