The founders of ACG Equipment Finance have been
providing financing and leasing since 1992. Since our
initial beginnings we have funded over $500,000,000
of commercial equipment and have taken a leadership
position in the industry by providing exceptional
serv-ice with a firm commitment to our customer base.
ACG Equipment Finance LLC
9436 Hamilton Dr.
Mentor, OH 44060
Phone:
800-830-0084
440-579-0400
Fax:
800-830-9855
440-579-0447
Email:
info@1acg.com
How to get Started
Arranging an equipment lease for your business is
fast and easy through ACG Equipment Finance.
•
Select the equipment you want from your
equipment supplier.
•
Complete the simple, one page credit
application, then fax it to us:
800-830-9855
.
•
When the application is approved ~ usually
within 24 working hours of our receiving the
necessary information ~ we will send you our
one page contract for your signature. We will
even contact your equipment supplier to arrange
for payment and delivery of your selected
equipment.
Benefits of using ACG Equipment Finance
Conserve Working Capital:
Cash isn't tied up in
overhead, its free for income producing investments.
Or, your cash savings may be reinvested in your
busi-ness to create earnings which may reduce the net
cash cost of leasing.
Flexibility:
A typical contract involves payments of 24
-60 months. But, a unique plan may be better for you.
We can customize a lease to fit your particular
situa-tion. If you choose to upgrade or replace the
equip-ment during the lease term, we'll help.
Low Initial Investment:
Financing and leasing with
ACG Equipment Finance is easy and covers 100% of
the equipment cost. A large down payment isn't
nec-essary. Typically, the first & last payment is all that is
required.
Preserve bank credit lines:
Your loan doesn't affect
your existing borrowing limits with your bank. You still
have 100% of your credit available for other needs.
Rapid turnaround:
Our same day approvals and
fundings allow you to take advantage of opportunities
as they present themselves.
w w w . 1 a c g . c o m
Equipment Finance
& Lease
Equipment Finance
& Lease
offers leasing and financing of
cap-ital equipment to companies ranging from the Fortune
500 to the family store. Virtually any equipment you
are considering to acquire can be leased or financed
through ACG Equipment Finance.
For companies seeking to acquire equipment, the
de-cision presents both an opportunity and a challenge in
today's constantly changing economic environment.
The opportunity is the possibility to increase
produc-tivity and profits through the use of new or updated
equipment. The challenge is to choose the best
method of paying for the equipment. Because the
ac-quisition involves a large capital commitment, many
businesses are choosing to work with ACG Equipment
Finance as the prudent alternative.
ACG Equipment Finance provides leasing for
equip-ment, costing as little as $3,000 all the way up to
$500,000. ACG Equipment Finance generally requires
no more than a simple one page application on
trans-actions under $150,000. We look forward to working
with you and are always available to discuss any
op-portunities.
Product Features
Along with the standard lease and finance terms we
offer many types of flexible payment schedules.
Contract terms Include:
•
12-72 month terms
•
Equipment Finance Agreements,
$1.00 Purchase Option Leases,
10% -20% Purchase Option Leases.
•
30 day to 120 day deferred payment plans.
•
Seasonal payment schedules designed to
meet the CUSTOMER'S cash flow patterns.
•
Step Up or Step Down payment plans
designed to meet the cash flows generated
by the equipment over the life of the term.
Phone 800-830-0084
Fax 800-830-9855
COMPANY PROFILE:
Legal Name: _______________________________________________________________________
Address:___________________________________________________________________________
City: _________________________________________ State: _____________ Zip: ______________
Phone: ______________________ Fax: ______________________ Years in Business ____________
PRINCIPALS:
Officers, Owners, Partners (please list ownership percentage)
Full Legal Name & Title
Home Address
Social Security #
__________________________________________________________________________________
__________________________________________________________________________________
BANK INFORMATION:
Business checking information
Bank: ____________________________________ Phone: __________________________________
Account# _________________________________ Contact: _________________________________
DESCRIPTION OF EQUIPMENT:
__________________________________________________________________________________
Amount: _____________Term Requested (months): ____________ Purchase Option: _____________
I authorize ACG Equipment Finance LLC to perform a standard credit investigation as it applies to this
credit application.
Customer Signature: _________________________________________Date: ___________________
ACG Equipment Finance
9436 Hamilton Dr.
Mentor, OH 44060
Credit Application
Fax application to 800-830-9855
Scott Hirz
440-360-7275 Ph
800-830-9855 Fax
scotthirz@1acg.com
9436 Hamilton Drive
Mentor, OH 44060
BUSINESS INFORMATION
Please fill out application completely
Company Name:
Physical Address: City: State: Zip Code:
Company Web Site Address:
Type of Business (Check One):
Corporation
Partnership
Proprietorship
LLC
Business Phone:
Fax Number: County:
Contact
Name:
Federal Tax ID#
Years of Ownership:
Annual Sales:
Number of Employees:
OWNERSHIP INFORMATION
Include all owners to account for 100% of company ownership
1. Owner
Title:
Ownership %
SSN:
Home Address:
City: State:
Zip Code:
Home Phone:
Cell Phone:
Email Address:
2. Owner
Title:
Ownership %
SSN:
Home Address: City: State: Zip Code:
Home Phone:
Cell Phone:
Email Address:
EQUIPMENT INFORMATION
Please include Yr., Make, & Model #.
Please attach the equipment quote and/or picture if available
YEAR MAKE MODELQty: Price: Description:
1
2
DEALER/ SUPPLIER:
Contact Person:
Telephone Number:
Fax Number:
*What additional equipment or vehicle purchases are you considering in the
next 3-6 months? _______________________________________________________
Each undersigned individual does hereby authorize the release of any and all credit information pertaining to the above credit application to ACG Equipment Finance LLC and/or its assignees. Such authorization shall extend to obtaining credit information including personal credit bureau’s as well as bank and trade references. A fax copy of this form shall be valid as an original.
Signature____________________________ Title ___________________________ Date_______________
Legal Business Name: dba:
By signing below, the undersigned individual who is either a principal of the credit applicant or a guarantor of its obligations, provides this true and correct written instruction to Allstate Capital, LLC, its nominees or assigns, authorizing review of his/her personal credit profile from a national credit bureau and any bank and trade references as required. Such authorization shall extend to obtaining a credit profile in consideration of the application and subsequently for the purpose of update, renewal or the extension of such credit or additional credit and/or for reviewing and collecting the resulting account. I/we agree that the security deposit is not refundable if information is found to be incorrect. Security deposit will be refunded if application is rejected by lessor. A Photostat or facsimile copy of this authorization shall be as valid as the original. By signature below, I/we affirm our identity as the respective individuals identified in the related application. All terms, conditions, rates, and programs are subject to credit approval.
X
_____________________________________________
X
_____________________________________________
Signature Signature
Credit Application
Contact: Eric King
Allstate Capital, LLC
3665 Park Central Blvd North
Pompano Beach, FL 33064
800-949-0018 ext. 421
E-mail: EricK@allstatecapital.com
Fax back to: 954-934-0469
LESSEE COMPANY INFORMATION
Contact: Contact: Telephone No.: Telephone No.: Chkg Acct #: Loan Acct #: Chkg Acct #: Loan Acct #: How Long? How Long? Name of Bank/Branch Name of Bank/Branch
COMPANY BANK REFERENCES -- TWO YEAR HISTORY
Are you a U.S. Citizen? Yes No
Home Phone No.: % Bus. Owner:
Social Security Number: Title:
Name:
PERSONAL INFORMATION ON OFFICERS, PARTNERS, OR GUARANTORS
No. Years in Business: Type of Business: Non-Profit Proprietorship Partnership Corporation LLC
Signer Name (please print): Title:
Business Address (No PO Boxes): City: County: State: Zip:
Nature of Business:
Rent/Own Home:
Vendor Name:
Equipment Description: Equipment Cost: Contact:
Vendor Address: City: State: Zip:
Fax: Telephone:
VENDOR & EQUIPMENT INFORMATION
Term:
Best Contact # (cell): Business Telephone: Business Fax:
Contact Email: Federal Tax ID #:
Equipment Location: Current Location New Additional Location Move of Current Location to a New Location
No. Years in Business Under Current Ownership: Equipment Address (if different from above): City: County: State: Zip:
** Please include the last 3 months business bank statements, first page only **
TRADE REFERENCES -- TWO YEAR HISTORY
Contact: Contact: Telephone No.: Telephone No.: City/State: City/State: Name of Supplier: Name of Supplier:
Home Address : City: State: Zip:
Name:
Are you a U.S. Citizen? Yes No
Home Phone No.: % Bus. Owner:
Social Security Number: Title:
Rent/Own Home:
Your 1
st
Call for Equipment Financing/Leasing
In the Drilling and Septic Industries
WE OFFER YOU
Prompt, Personal Service
Drilling and Boring
Fast, efficient approvals and fundings
Trenchless
Aggressive rate structures
Pipe Bursting
25 years serving vendors and customers
Trucks/Trailers
One page credit application – easy!
Specialty Vehicles
A wide range of credit quality accepted
Rental Equipment
Startup Business Programs
Inspection Equipment
Municipal/Government Programs
Construction
New and Used Equipment
Hydro-Excavation
24 to 72 month terms
Waste
100% Financing
....and Much More
Let us help you
acquire the equipment you need!
Joe Fiore
973-582-3400
Fax 973-577-6909
The solution for your unique equipment financing needs.
3020 Saturn Street, Suite 203, Brea, CA 92821
(800) 341-1288 | www.providencecapitalfunding.com
Apply via Fax! (714) 986-1225
Apply Online! www.providencecapitalfunding.com
Our simple
one-page application
can provide you up to
$150,000 in just hours
!
With lease
rates as low as 3.99%
, we can’t be beat when it
comes to providing
competitive
,
effective
,
efficient
, and
fast
solutions for your business.
COMPETITIVE
.
EFFICIENT.
FAST.
EFFECTIVE.
The Providence
Advantage
Solutions for Small Business Owners
Solutions for Vendors
“Financing a new company
is always a challenge, but
working with Providence
helped to make things
easier. Our rep walked us
through each step quickly
and professionally, and our
equipment was funded
within just a few weeks. I
found
them
honest,
straightforward,
and
a
pleasure to do business
with. I would recommend
Providence
to
anyone
seeking financing.”
-Bob S., President,
Footprints USA
Equipment Financing
When today’s equipment is likely to meet long-term
needs, purchasing is often the most cost-effective
acquisition choice. If, however, your needs are likely to
change within the next few years, leasing may be the
smarter alternative. Leasing allows you to acquire the
equipment you need today and use it cost-effectively until
it no longer meets your needs, then upgrade without
dealing with outdated items.
We can finance anything your company needs – from
tractors to computers to medical equipment – valued
anywhere from $5,000 to $5,000,000.
Leasing equipment conserves cash, protects you from
obsolescence, and gives you customized payment plans.
Business Financing
When money is tight, a
working capital loan
from
Providence Capital can be a quick and easy solution. We’ll
provide you with leverage for short-term creditors and
enable you to cover your company’s debt. We can provide
from $5,000 to $100,000 within 48 to 72 hours.
Our
Vendor Leasing Program
is a way for
us to assist your sales staff in selling
equipment to prospective customers.
The program provides your sales
representative with a financing package at
the time of the sale, when their customer is
most interested in acquiring equipment.
Our financing program can help you with
providing customers with an alternative to
large cash expenditures. It can also
eliminate frustration your customer may
have with their local bank. This can make
the difference between facilitating the sale
or losing the client.
At Providence Capital, we are here to offer you unique and effective solutions to help your business get started, grow, and gain a
competitive edge. We have
one of the highest approval ratios in the industry
and our leasing specialists
work with you from start
to finish
to guarantee you receive the satisfaction you deserve. We take a
“make sense approach”
to creating solutions: each of our
expert analysts reviews your company’s profile and makes a
human, holistic decision
in moving forward. Unlike many of our
competitors, we don’t use a computer-generated scoring system to evaluate your business. Our in-depth analysis of your company
and the information you provide allows us to
get you approved for more, faster, and more efficiently
.
Closing More Sales
– A prospective
customer’s ability to handle the capital
expenditure is often as much of a
consideration as the equipment itself.
Since sales are usually time-sensitive, the
ability to offer a customer an immediate
financing option will help you close more
sales and close them more quickly.
High Approval Ratios for Customers
– We
have one of the highest approval ratios in
the industry, meaning more customers will
be able to buy your equipment.
Selling Up
– The ability to provide a
potential customer with the option of a
few more dollars on a monthly lease
payment as compared to thousands more
on the invoice is a very powerful sales tool.
Increased Profit Margins
– By allowing us
to provide the equipment financing
required to close a sale, your sales staff will
have more time to focus on new clients,
while we remain in constant contact with
the client. You’ll be able to increase
product sales and reduce sales costs.
Call us toll-free for a free consultation! (800) 341-1288
Your Lease Guide
For additional information, please contact
Jonathan Nery
Phone: (800) 341-1288 x103
Fax: (714) 985-6253
Commonly Financed Equipment
Assist a company’s growth through the acquisition and
financing of nearly any equipment used for business
purposes including:
Automobile lifts
Oil & Petroleum Equipment – Tanks, Pumps,
Trailers & Trucks
Automotive maintenance equipment
Emissions testing equipment
Cash registers
Computer hardware
Sanitation/ Janitorial Services
Software
Construction equipment
Photography equipment
Packaging and folding equipment
Food service equipment
Glass cutting machinery
Graphic design equipment
Heating and cooling equipment
IT equipment
Landscaping equipment
Laundry equipment
Lighting equipment
Office equipment and furniture
Telecommunication equipment
Point of sale equipment
Portable buildings
Printers and laminators
Test and measurement equipment
Scanning machines
Screen print systems
Sign industry machines
Stone cutting machinery
Surveying Equipment
Benefits of Financing
There are many benefits of equipment financing including
the following:
100% Financing.
Leasing covers 100% of the
equipment cost with room to add soft costs including
training, installation, and maintenance.
No Down Payment.
A security deposit equal to two
months rental payments is usually all that is required.
Possible tax savings*.
If a company is in the 34% tax
bracket and has a lease with a monthly payment of
$500, the payment may be reduced to $330 - that's a
monthly savings of $170 ($500 x 34%) or $2040
annually.
*
Consult your tax advisor.
Flexibility.
Customize a lease to fit your particular
situation with skip payments or seasonal payments.
Use inflation to your advantage.
If you pay cash for
your equipment, you pay with today’s dollars at
today’s value. Through leasing, you pay with next
year’s inflated dollars, and the next, and the next.
Increase profits immediately.
With leasing, you only
need to cover the monthly payment for the new
equipment to be profitable from the first month.
Example of the cost effectiveness of a lease:
A monthly payment of $500 divided by 30 days = a
daily cost of only $16.67! Divide $16.67 by 8
work-day hours to get an hourly cost of $2.36!
Preserve bank credit lines.
Leasing doesn’t affect
your bank borrowing limits. You still have 100% of
your credit available.
Avoid obsolescence.
Upgrade Leases are easy with
most modern equipment always available.
Conserve working capital.
Cash isn’t tied up in
overhead; it’s free for income producing investments.
Leases may have accounting benefits.
Monthly
payments may be deductible as operating expenses
rather than accounting for the equipment as an asset.
$1 Buyout or Lease to Own
This non-tax lease allows the customer to own the equipment for $1 at the end of the lease. This lease will have the highest monthly payment. The following options are available at the end of the lease:
Purchase the equipment for $1
Upgrade the lease
This is a good option for equipment with a long useful life. Also called a capital lease and may be depreciated on the balance sheet.*
10% Purchase Upon Termination
(PUT)
Under this non-tax lease, the customer must purchase the equipment at the end of the lease at 10% of the original equipment cost. The following options are available at the end of the lease:
Purchase the equipment for 10% of the original cost
Upgrade or renew the lease
This lease is also called a Capital Lease and may be depreciated on the balance sheet.*
Fair Market Value (FMV)
This lease provides the lowest monthly payment and has three options at the end of the lease:
Purchase the equipment for the fair market value
Return the equipment
Upgrade or renew the lease
This is a good option for companies that upgrade to new equipment every few years. Also called a Tax Lease or True Lease because it usually qualifies as a tax deductible business expense. *
*All lessees should consult with their tax advisor on the specific impact to their business.
Payment
Type &
Features
Cash
Loan
Lease
Cash
Flow
Buying has an immediate impact on
cash flow by diminishing cash
reserves.
Down payment required and loan payments
are generally higher than lease payments.
No down payment required. Leasing usually
has less impact on cash flow due to lower
payments.
Line of
Credit
Liquid assets are depleted and may
affect credit.
Taps the line of credit.
Does not affect line of credit.
Equipment
Risk
The owner bears all the risk of
equipment devaluation. Obsolescence
must be tracked by the owner.
The owner bears all the risk of equipment
devaluation. Obsolescence must be tracked
by the owner.
In many leases, the burden of taxes and
insurance is managed by the lessor.
Asset
Liability
Owners must manage asset liability
on their books. Financial accounting
requires owned equipment to appear
as an asset with a corresponding
liability on the balance sheet.
Owners must manage asset liability on their
books and are required to have equipment
appear as an asset with a corresponding
liability on the balance sheet.
Operating lease assets are expensed. Such
assets do not appear on the balance sheet, which
can improve financial ratios.
Rate Risk
Cash should be used for income
producing investments since you pay
with today’s dollars at today’s value.
Banks prefer to loan money on a floating or
variable rate tied to prime. Rate risk is on
the customer, not the bank.
Payments are fixed for the lease term. Pay with
next year’s inflated dollars - take advantage of
inflation.
Soft Costs
Soft costs such as installation,
training can erode cash reserves.
Banks rarely finance soft costs. Cash is
usually needed.
Leasing may cover all soft costs including
maintenance and software.
Upgrade
Owners must manage disposal/selling
of outdated equipment. This can slow
down the upgrade process.
Owners must manage the disposal/selling of
outdated equipment. This can slow down
the upgrade process.
Leasing allows for easy upgrades or additions
and keeps the same payment by simply
extending the lease term.
CONTACT:
Rich DeMartin
(813) 319-2528
rich.demartin@tamcocorp.com
www.tamcocorp.com
Acquisition Options
So, you’ve evaluated your equipment options and made a choice. Many people think the most important
decision has been made, but they often overlook another important question: “How” are we going to pay
for this? At TAMCO, we offer options so you can absorb the acquisition without breaking the bank.
• Technology depreciates at an amazing rate. Do you really want to use your cash for a depreciating asset?
• Remember the rule of thumb: “Buy things that appreciate, lease or rent things that depreciate.”
• Borrowing from your bank can be complex and time consuming.
• Tapping your banking resource uses up borrowing power--tying up credit you may need for a more
tant or unexpected use in the future.
Why Leasing?
Truth be told, cash is always an option, but there are other ways. Before you spend your capital, consider this:
What are your options?
Rather than pay cash or take out
a loan from your bank, leasing
may be the answer:
CLEAR CHOICE IS LEASING
Lease
Buy
Cash Flow
Tax / Book Treatment
• Almost always better for company cash flow. • Leasing frees up cash to use for other purposes. • Company can generate income to pay for the lease.
• Sometimes the overall cost seems less (cash price is less than the payment iplied by the term) but this is often deceiving. • Consumes capital, thereby limiting your working capital and your ability to respond to business needs and growth.
• In many cases, a well tured lease will provide better--or at minimum, the same--write-offs than an outright purchase.
• For 2013, Section 179 of the IRS tax code allows nesses to deduct the full purchase price of qualifying equipment. In other words, you can take the full tion upfront, while paying the lease over time.
• Tax savings from purchased equipment come in the form of “depreciation” of asset based IRS codes. Of course, you have already laid out the full cash price.
You should speak with a qualified advisor about the benefits of leasing and the impact on your books and taxes. While leasing can provide tax benefits, every situation is different and laws vary by state and country.
APPLICATION FOR CREDIT
Date Company’s Full Legal Name Company Website Equipment Supplier / Partner
Chief Executive Office Address City State Zip Code Sales Representative
Physical Address of Equipment City State Zip Code Federal Tax ID #
Name of Contact (all information REQUIRED) Title Phone Fax Email
Equipment Description Type of Business Date Established Business Structure Non-Profit Proprietorship Sub S (Please select one):
Corporation Partnership LLC Program Type (Please select one): Shield FMV Lease $1 Out Lease Maintenance information if applicable: Equipment Cost Term Payment Annual Maintenance Amount Warranty Period
$ ________________________ ______ months $ ________________/ month $ _____________________ _______ months
Note: A non-refundable processing fee will be due at contract execution
PERSONAL DATA: (PRINCIPALS OR OFFICERS) GUARANTOR INFORMATION REQUESTED FOR ALL BUSINESSES WHICH ARE SUB S CORPORATIONS,
PARTNERSHIPS, PROPRIETORSHIPS, AND PROFESSIONAL CORPORATIONS.
Principal / Officer 1: Full Legal Name Social Security # Home Phone Email
Date of Birth Home Address City State Zip
Principal / Officer 2: Full Legal Name Social Security # Home Phone Email
Date of Birth Home Address City State Zip
REFERENCES: LIST BUSINESS BANK, PREVIOUS BANK REQUIRED IF APPLICANT HAS BEEN AT PRESENT BANK LESS THAN TWO YEARS
Present Bank of Applicant: Previous or Second Bank of Applicant:
Branch Phone Branch Phone
Bank Officer Account Number Bank Officer Account Number
Lender References – Name and Address:
1. Phone Contact Person
2. Phone Contact Person
I hereby authorize TAMCO or any of TAMCO’S designated agents or assigns (“Creditor”) to investigate my credit report and to establish and maintain a file of personal information about me.
Signature, Principal / Officer 1: __________________________________________ Title: ___________________________________________________
Signature, Principal / Officer 2: Title:
GENERAL CREDIT GUIDELINES (Additional information may be requested if deemed necessary by credit officer)
Applicants must be able to demonstrate that the business applying for credit has been established for 2 or more years.
Transactions for Sole Proprietorships, Partnerships, Professional Corporations and Sub-S will require personal guaranty of the majority shareholders.
Transactions < $50,000: Completed credit application, last 2 years accountant prepared financial statements or tax returns and current period interim statements if deemed necessary by credit officer, first and last month payments due at contract execution.
Transactions > $50,000: Completed credit application, last 2 years accountant prepared financial statements or tax returns and current period interim statements are required, first and last month payments due at contract execution.
NOTICE: IF YOUR APPLICATION FOR BUSINESS CREDIT IS DENIED, YOU HAVE THE RIGHT TO A WRITTEN STATEMENT OF THE SPECIFIC REASONS FOR THE DENIAL. TO OBTAIN THE STATEMENT, PLEASE CONTACT THE LESSOR NAMED HEREIN WITHIN 60 DAYS FROM THE DATE YOU ARE NOTIFIED OF OUR DECISION. WE WILL SEND YOU A WRITTEN STATEMENT OF REASONS FOR THE DENIAL WITHIN 30 DAYS OF RECEIVING YOUR REQUEST FOR THE STATEMENT. THE FEDERAL EQUAL CREDIT OPPORTUNITY ACT PROHIBITS CREDITORS FROM DISCRIMINATING AGAINST CREDIT APPLICANTS ON THE BASIS OF RACE, COLOR, RELIGION, NATIONAL ORIGIN, SEX, MARITAL STATUS, AGE (PROVIDED THE APPLICANT HAS THE CAPACITY TO ENTER INTO A BINDING CONTRACT); BECAUSE ALL OR PART OF THE APPLICANT’S INCOME DERIVES FROM ANY PUBLIC ASSISTANCE PROGRAM; OR BECAUSE THE APPLICANT HAS IN GOOD FAITH EXERCISED ANY RIGHT UNDER THE CONSUMER CREDIT PROTECTION ACT. THE FEDERAL AGENCY THAT ADMINISTERS COMPLIANCE WITH THIS LAW CONCERNING THIS CREDITOR IS FEDERAL TRADE COMMISSION, ECOA COMPLIANCE, WASHINGTON, DC 20581.
U . S . B A N K E Q U I P M E N T F I N A N C E
S M A L L B U S I N E S S G R O U P
5.25%
for 36 months
Minimum transaction of $50,000
usbank.com
Terms: Subject to credit approval. Rates will vary for other terms and conditions. Rate offer may change without notice. Applies to applications received by August 31, 2013 with transaction funded by September 30, 2013. Member FDIC.
Together, we can take your business to the next level.
At U.S. Bank Equipment Finance, we know you work hard to grow your business.
We’d like to offer you an easy, quick and convenient way to acquire the equipment
you need. Apply now to take advantage of this limited time offer.
• Ability to finance up to 125% with soft costs
• One page application for requests up to $150,000
• New or used equipment
• Flexible financing terms
Financing, your way.
For more information, contact:
Now offering
5.5% for 48 months
5.75% for 60 months
Offer not valid for trucking, construction and restaurant industries
Name Yogi Daragchyan
Phone 818-995-4182 / 424-333-6687
Fax 818-475-5239
Are there any suits, judgments or tax liens against the Applicant or any of the above principals, or has the Applicant or any of the above principals ever declared
bankruptcy? Yes No If yes, explain on a separate page.
Authorization
Applicant hereby authorizes U.S. Bank Equipment Finance, Inc. (“Equipment Finance”) and its agents (1) to obtain more credit information, including credit reports, about Applicant and its principals and/or co-owners and to make inquiries in connection with this Application; (2) to share credit information with Equipment Finance affiliates and agents, as well as Applicant’s other creditors, bureaus and persons who have or expect to have financial dealings with the Applicant or its principals named above; (3) to share collection information with Applicant’s other creditors. All the information in this Application is true, complete and correct. The person signing below on behalf of Applicant is authorized to make this Application on its behalf and to agree to the foregoing, and also has the authority to act for Applicant’s principals and co-owners in instructing Equipment Finance and its agents to obtain credit reports on them.
X
Signature Title Date
X
Signature Title Date
Equipment/Vendor Information
$
36 months 48 months 60 months
Other:
Amount requested Term Equipment Description
Vendor Name Vendor Address Vendor Phone
Yes No
Will the equipment be subleased? If so, to whom?
Customer Information
Company name (“Applicant”) Street address, City, State, Zip
County Contact e-mail address Address of physical location of equipment
Federal Tax ID # Phone Cell Phone Fax
Corporation Proprietorship Partnership LLC Yes No
Business type Sales tax exempt? If yes, attach exemption certificate. Company website
In business since Nature of business Current ownership since Fiscal year end
Insurance agent Agent phone
Business Banking Relationship
Bank name Bank officer Account number Telephone number Bank fax number
Principal Information
1.
Name/title % of ownership SSN Home address Home phone
2.
Name/title % of ownership SSN Home address Home phone
3.
Name/title % of ownership SSN Home address Home phone
Office use only
Banker Pref. ID Phone Branch #
U.S. Bank Customer U.S. Bank Prospect Walk-in COI
Source
Fax complete application to
Yogi Daragchyan YYD00 818-995-4182