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Contemporary Letter

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Contemporary Letter
Shared by: HC111213235057
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posted:
12/13/2011
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4
.

.

205 Westwood Ave

.

.

Long Branch, NJ 07740

732-222-1511/ 888-883-2338 (phone)

.

. 732-222-7088 (fax)

.

. E-mail: rich@techedu.com

. www.techedu.com









CREDIT APPLICATION for Net 30 Terms

Legal business name: ________________________________________________



Sub-company or DBA: _______________________________________________



Contact: ___________________________________________________________



Address: ___________________________________________________________









Phone: ________________________________ Fax: _____________________________



E-mail: _______________________________ Website: _________________________



Check One

□ Proprietorship □ Partnership □ Corporation □ LLC □ Other

Credit Line requested $ _____________________________________



Tax ID #: ______________________________ D&B #: ______________________________



KEY COMPANY CONTACTS



Accounts Payable:________________________________________________



Controller/VP Finance: ___________________________________________



Sales Manager: _________________________________________________



Purchasing Manger: ______________________________________________



NAMES OF OWNER (S), OFFICER (S) OR PERSONS RESPONSIBLE FOR ACCOUNT



____________________________

............................

December 13, 2011

Page 2





Supplier/Trade References, please provide at least 3

Name: __________________________________________________________________



Phone: __________________________________ Fax: ___________________________



Acct# __________________________________ Contact: _________________________





Name: __________________________________________________________________



Phone: __________________________________ Fax: ___________________________



Acct# __________________________________ Contact: _________________________





Name: __________________________________________________________________



Phone: __________________________________ Fax: ___________________________



Acct# __________________________________ Contact: _________________________





Bank Reference

Name: ___________________________________ Account #: _______________________



Address: ____________________________________________________________________



Phone: _______________________________ Fax: __________________________________



Contact: ______________________________







Indicate the number of employees at your company: _________________________



Indicate how many locations you have: __________________

December 13, 2011

Page 3







IF YOU ARE PLACING YOUR ORDER TODAY AND NEED IT TO SHIP IN THE NEXT

FIVE DAYS PLEASE READ.



Unless your company is part of the fortune 1,000 it usually takes between 1 to 10 business days to

approve you for terms, depending on the information you provide us. If your references respond

quickly, we will do so in kind. You can get instant approval for Net 30 terms if you secure your

order with a credit card. We will not charge the card, but we will authorize the funds. We will

release the funds on the credit card once payment is made or you are approved of net 30. This is

the quickest way to get product out the door.



Please complete the following for instant net 30 terms.



Card Number: ________________________ Expiration Date_______________



Name on Card___________________



I authorize Techedu to charge purchases of product to the above credit card if payment is not

received in the allotted amount of time, usually 35 days after the purchase of the product. This

authorization will remain in effect until written notice of cancellation is received by Techedu

.

Print Name: __________________________



Billing address for Card holder: __________________________________



City, State, Zip: _______________________________________________



Date: _________________

December 13, 2011

Page 4









APPLICATION FOR CREDIT

THE INFORMATION REQUESTED ON THIS APPLICANT IS FOR THE PURPOSE OF OBTAINING CREDIT

ACCOUNT PRIVILEGES FROM TECHEDU. APPLICANT AND ANY GUARANTORS FOR THEMSELVES

AND THEIR OFFICERS AND/OR MEMBERS AUTHORIZE TECHEDU TO CONDUCT ANY

INVESTIGATIONS DEEMED NECESSARY TO AUTHORIZE OPENINGS OR CONTINUATION OF THE

ACCOUNT INCLUDING CREDIT INVESTIGATIONS OF THE APPLICANT, GUARANTORS, OFFICERS

AND/OR MEMBERS OR PARTNERS OF THE APPLICANT.



Terms of Sale, including price, terms of payment and charges, for each purchase are agreed to be those specified on

the face of each invoice. The above information is willingly supplied and Techedu is authorized to contact the above

bank and trade references in order to establish the creditworthiness of the above named company. If applicant is not a

corporation or is a newly formed corporation or under new management, then Techedu is authorized to obtain credit

reports about proprietors, partners or principles. Should credit availability be granted by Techedu, all decisions with

the respect to the extension or continuation shall be in the sole discretion of Techedu. Techedu may terminate any

credit availability within its’ sole discretion.



Signed ___________________________________________________



Title (If Corporation)____________________________ Date __________



GUARANTY AGREEMENT

In consideration of the sale of merchandise by Techedu to the applicant, the undersigned hereby unconditionally

guarantees to Techedu the payment of any existing or future indebtedness which the APPLICANT owes to Techedu

in any manner whatsoever without limitation as to amount (the “Debt”). This guaranty shall be a continuing guaranty

independent of and in addition to any other security, collateral or guaranty held by Techedu and shall not be impaired

by any neglect, failure or omission to realize upon any extension of credit in excess of the initial credit limit or by

renewal, modification, compromise or discharge of the Debt or any part thereof with any party obligated on the Debt.

The liability of the undersigned shall be direct, immediate and absolute and not be conditional or contingent upon the

pursuit or prosecution by Techedu of any other remedy or remedies whatsoever, and Techedu shall have against the

undersigned any and all rights and remedies it might have against the APPLICANT. The undersigned consents to

Techedu obtaining a consumer credit report on undersigned for the purpose of evaluating the creditworthiness of

APPLICANT in connection with an application for business credit.



Dated this _______________ day of ____________________, 20_______



Witness: _______________________ Signature of Guarantor:

_____________________________



SSN:___________________________________



Home Address:_______________________________________________



If you have any questions please call 888-883-2338.


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