• TO: WESTERN PACIFIC DISTRIBUTORS

  • 1738 Sabre Street, Hayward, Ca 94545

  • Fax 510-732-0155

APPLICATION FOR CREDIT

DATE:______________________________

FOR THE PURPOSE OF OBTAINING MERCHANDISE FOR YOU ON CREDIT, THE FOLLOWING STATEMENT MADE IN WRITING IS WARRANTED TO BE TRUE, INTENDING THAT YOU SHOULD RELY ON SAME AS CORRECT. APPLICANT HEREBY AUTHORIZES THE FIRM, OR ITS AGENTS, TO WHOM APPLICATION IS MADE TO INVESTIGATE THE REFERENCES LISTED BELOW TO ASCERTAIN THE UNDERSIGNED'S PERSONAL PARTNERSHIP OR CORPORATE CREDIT AND FINANCIAL RESPONSIBILITY.

APPLICANT: _______________________________________ BY: ________________________________________

BUSINESS NAME: _______________________________________________________________________________

BUSINESS TYPE: ________________________________________________________________________________

MAILING ADDRESS: _____________________________________________________________________________

CITY: __________________________________________ STATE: _______________ ZIP CODE: ________________

PHYSICAL ADDRESS (IF DIFFERENT FROM ABOVE): ___________________________________________________

CITY: __________________________________________ STATE: _______________ ZIP CODE: ________________

PHONE NUMBER: (_____) ________-__________              FAX NUMBER: (_____) ________-__________

EMAIL ADDRESS: _________________________________ 

PLEASE MARK HOW YOU WOULD LIKE TO RECEIVE YOUR INVOICE:  (  ) FAX (  ) EMAIL OR (  )MAIL

OWNERSHIP STYLE:    (   ) CORPORATION    (   ) PARTNERSHIP     (   ) PROPRIETORSHIP

FULL NAME (LIST ALL OWNERS): _________________________________________________________________

HOME ADDRESS: ______________________________________________________________________________

CITY: _________________________________________ STATE: _______________ ZIP CODE: ________________

PHONE NUMBER: (_____) ________-__________           SOCIAL SECURITY # _______________________________

BUSINESS STARTED: _______________________     CURRENT OWNERS SINCE: ____________________________

OTHER BUSINESS INTEREST OF OWNERS:  FIRM NAME: _____________________________________________

ADDRESS: ____________________________________________________________________________________

BUSINESS LICENSES HELD:  STATE: __________ CLASS: ____________ LICENSE # ________________________

NAME INSURED UNDER: ________________________________________________________________________

WE PURCHASE FROM THE FOLLOWING ON ACCOUNT:

                            SUPPLIERS                               MAILING ADDRESS                                        FAX NUMBER

  1.  __________________________________________________________________________________________

  2.  __________________________________________________________________________________________

  3.  __________________________________________________________________________________________

BANK REFERENCES:

BANK NAME: ____________________________________________ BRANCH: ______________________________

ADDRESS: ______________________________________________________    CHECKING  (   )     SAVINGS  (   )

ACCOUNT #:  CHECKING _______________________________ SAVINGS __________________________________

CREDIT LINE: $____________________

AGREEMENT

I/WE AGREE TO PAY FOR ALL CHARGES TO OUR ACCOUNT UNDER THE FOLLOWING TERMS AND CONDITIONS:

I/WE REPRESENT, AS THE APPLICANT HEREIN, THAT ALL THE DEBTS ARE CURRENTLY BEING PAID IN THE NORMAL COURSE OF BUSINESS, AS THEY BECOME DUE, AND NO INSOLVENCY EXISTS AS DEFINED IN THE BANKRUPTCY REFOR ACT OF 1980, AND THAT ALL ORDERS WILL CEASE SHOULD THIS CONDITION AS TO INSOLVENCY BECOME INCORRECT.

IN THE EVENT OF DEFAULT OF ANY PAYMENT THAT MAY BECOME DUE, I/WE AGREE TO PAY INTEREST AT THE RATE OF 1-1/2% PER MONTH IN THE PRINCIPAL BALANCE OWING, FROM THE DATE OF SUCH DEFAULT. PURCHASES MUST BE PAID WITHIN 30 DAYS OF THE BILLING DATE.

IN THE EVENT SUIT IS FILED TO ENFORCE PAYMENT OF ALL SUMS DUE UNDER THIS AGREEMENT, I/WE AGREE TO PAY RESONABLE COURT COSTS AND ATTORNEY FEES. IN THE EVENT SUIT IS FILED TO ENFORCE PAYMENT, IT IS AGREED THE VENUE WILL BE IN THE COUNTY OF SACRAMENTO, STATE OF CALIFORNIA.

DATE: _________________ APPLICATE: ___________________________________________

SIGNATURE (MUST BE SIGNED TO PROCESS): ___________________________________

PERSONAL GUARANTEE FOR CORPORATE DEBT

IN CONSIDERATION FOR CREDIT WHICH MAY BE GRANTED BY WESTERN PACIFIC DISTRIBUTORS, INC. TO THE ABOVE APPLICATE CORPORATION, I/WE THE UNDERSIGNED AGREE TO FURTHER AND WHOLLY GUARANTEE ANY PAYMENT BY ______________________________ OR ITS AGENTS. I/WE AGREE TO THE TERMS LISTED IN THE ABOVE AGREEMENT. THE PERSONAL GUARANTEE FOR CORPORATE DEBT, MY BE REVOKED BY THE UNDERSIGNED UPON 30 DAYS WRITTEN NOTICE TO WESTERN PACIFIC DISTRIBUTORS, INC. (CREDITOR) OF THE UNDERSIGNED'S INTENSION TO REVOKE SAID PERSONAL GUARANTEE. THE UNDERSIGNED SHALL REMAIN LIABLE FOR ANY CHARGES INCURRED WITH WESTERN PACIFIC DISTRIBUTORS, INC. (CREDITOR) PRIOR TO THE END OF THE SAID 30 DAY PERIOD.

ALL CORPORATE OFFICERS MUST SIGN:

GUARANTOR: ___________________________________ DATE: ___________________

GUARANTOR: ___________________________________ DATE: ___________________