To submit a credit application, please print this page, complete, sign and date where noted and then either mail or fax to the address/phone below. Our credit department will notify you when your application is reviewed. Thank you. Back to Apartment Sales

McPHAILS CONTACT PERSON LOCATION
California Builders Appliances DBA Standards of Excellence (formerly McPhails Appliance)
Business Application For Extension of Credit
OFFICE
476 Rohnert Park Expressway
Rohnert Park, CA 94928 		Telephone: (707) 588-3207
FAX: (707) 586-9767 		MAILING ADDRESS:
P.O. Box 1789
Rohnert Park, CA 94927
(Please Type or Print)
COMPANY NAME (FULL LEGAL NAME) ______________________________________________
BILLING ADDRESS:_______________________ STREET ADDRESS:_______________________
CITY _________________________ STATE ____ ZIP _________ PHONE (     ) _____ -_________
PARENT COMPANY (IF APPLICABLE) ________________________________________________
ADDRESS: ____________________________________________________________
CITY _______________________________________ STATE ____ ZIP ____________
CHECK ONE: Proprietorship: ___ Partnership: ___ Corporation: ___ State Incorporated In: ______
                  Sole Proprietorship: ___ Contractor's License #: __________ Expiration Date: _______
 
NAMES OF PROPRIETORS, PARTNERS, OR OFFICERS: Title Home Address (street, city,zip code)
     
SOCIAL SECURITY NO. CA Driver's Lic.
NAMES OF PROPRIETORS, PARTNERS, OR OFFICERS: Title Home Address (street, city,zip code)
     
SOCIAL SECURITY NO. CA Driver's Lic.
NAMES OF PROPRIETORS, PARTNERS, OR OFFICERS: Title Home Address (street, city,zip code)
     
SOCIAL SECURITY NO. CA Driver's Lic.
I wish to establish a credit line of $_____ per month. Resale #:__________ How long in business?______ Type of business_________________

BUSINESS CREDIT REFERENCES:
Name (Trade References) Address Phone Number Account Number
       
       
       
       

BANK REFERENCES:
Name of Bank Location Bank Contact Phone Number
Checking Account #      
Loan Account #      
Other (Specify)      

METHOD OF AUTHORIZING PURCHASES: (Please review and check below the method(s) you will be authorizing purchases on your account if approved)
__P.O. required on all purchases
__P.O. number only
__Open purchase order
__Telephone verification. If yes:
Name of contact __________________________________________ 		__Authorized signature file. If yes, complete Names/Titles of Authorized Purchasers section below.
__Other. If yes, explain in detail: _______________________________________ ___________________________
Telephone Number (     ) ______- __________________

NAMES/TITLES OF AUTHORIZED PURCHASERS (Attach list, if more necessary)

Print Name Title Print Name Title
1. / 6. /
2. / 7. /
3. / 8. /
4. / 9. /
5. / 10. /

The undersigned hereby certifies that he/she has received and read the business charge account agreement and personal guaranty (if applicable), and that submission of this application and acceptance of the terms of the agreements attached hereto, and made a part hereof, are due authorized acts of and are binding upon the company. Company acknowledges that such application and agreement shall remain in full force and effective unless otherwise amended, rescinded or terminated by Standards of Excellence (formerly McPhails Appliance), or its assignee. This agreement is deemed to have been made and entered into in the state of California and shall be construed in accordance with laws of the state of California. Each account wilt be issued by Standards of Excellence (formerly McPhails Appliance), California, to the company named herein.

The information provided herein is true and correct and company understands that any false information may result in cancellation of any account which may be established. I authorize release of information on my accounts to Standards of Excellence (formerly McPhails Appliance)

PLEASE READ AND SIGN

To induce the extension of credit by Standards of Excellence (formerly McPhails Appliance) ("Seller"), the undersigned, individually and on behalf of the applicant ("Buyer"), agrees as follows:

  1. Finance/Service Charge: In consideration of the granting of credit by Seller, Buyer promises to pay to Seller or assignee a credit price for all purchases of goods and services made on this Account from time to time, such credit price to be the cash price for such goods and services plus an applicable time-price differential which will be determined by applying periodic rates of 1.5% per month to the first $1,OOO of previous balance, and 1% to such balance in excess thereof, which corresponds to annual percentage rates of 18% and 12%, respectively, and which shall be applied to the previous balance without deducting current payments and/or credits appearing on your statement.
  2. Delivery of Merchandise: Seller may deliver merchandise from time to time to Buyer's employees, representatives, or agents, with or without purchase orders issued to Seller. Unless written instructions are received to the contrary by Seller, Buyer's acceptance of merchandise shall be deemed equivalent to the issuance of a purchase order.
  3. Payment of Account: Buyer agrees to pay the Account when due and to abide by Seller's regular terms. Payments will be applied against matching open items on the billing statement, or if that is not possible, against open items in order of age, with all remaining payments held as a general credit against unpaid invoices. Accounts that are not used during a six- month period will become inactive, and thereupon the Account will be closed and Buyer must complete a new Application for Credit in order to activate the Account. Each and every sale of goods and services and the issuance of an invoice or statement to Buyer shall be considered a separate sale subject to the terms and conditions of the Agreement.
  4. Non-Waiver: Any waiver of any condition by Seller or any extension of credit beyond its regular credit terms shall not be a waiver of any terms or conditions of the Agreement. Seller reserves the right to cancel this Agreement/Account at any time and for any reason as it relates to future purchases, provided that any sales made or credit extended prior to such termination shall be subject to the terms and conditions of this Agreement.
  5. Assignment: Seller reserves the right to assign all or part of Buyer's Account at any time, without prior notice.
  6. Security: Buyer hereby assigns and grants to Seller a purchase money security interest under the California Uniform Commercial Code in the goods purchased under this Agreement until the debt for those goods has been paid in full. This will permit Seller, under certain circumstances as provided by law, to take back or repossess the goods if Buyer does not pay for them under the terms of this Agreement.
  7. Default: If Buyer does not pay the balance of the Account when due, or in the event that it breaches any of the other terms of this Agreement, Seller may demand the entire unpaid balance to be paid immediately and, as provided by law, may commence legal action for the collection of the balance due, and may further pursue any other legal remedy deemed necessary or appropriate with respect to the Account. In the event of any such action, Buyer agrees to pay reasonable attorney's fees, court costs, and other costs of collection, including any collection agency fees and charges incurred and permitted by law. Seller reserves all rights and remedies pertaining to repossession and resale of any repossessed goods as provided by law.
  8. Financial Statements: As a condition to the extension of credit, Seller may, from time to time, request financial statements from Buyer, which statements will be supplied on Seller's request. Buyer also authorizes Seller to investigate its business and/or personal credit capacity and history, and Seller is expressly authorized to furnish information regarding the Account and Buyer to credit reporting agencies and other who may lawfully receive this information.

The undersigned has read and understand the above terms and conditions and, by signing this Agreement, hereby agrees to be bound thereby; provided, however, that this Agreement shall not be binding or enforceable upon Seller until after Buyer's credit is approved.

Dated: _________________________________________________________

_______________________________________________________________
(Company Name)

by _____________________________________________________________
Title

Continuing Guaranty
To induce Standards of Excellence (formerly McPhails Appliance) to grant credit to the above Applicant, the undersigned does hereby jointly and severally unconditionally guarantee any and all of the indebtedness of the above Applicant, heretofore, now, or hereafter made, incurred or created, together with all costs and reasonable attorney's fees incurred in the enforcement of this Continuing Guaranty.

by ____________________________________________