Credit Agreement

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  • Acknowledgement of Receipt Multi Machining Co Inc
    Acknowledgement of Receipt Multi Machining Co Inc

    $1.00

    $1.00

    From:Cinnamon Ashford

    Document Overview:
    acknowlegement of receipt of terms and conditions
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  • Factoring Agreement
    Factoring Agreement

    $19.99

    Document Overview:
    Agreement between manufacturer and bank foir factoring of accounts receivable
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  • Term Credit Agreement
    Term Credit Agreement

    $6.95

    Document Overview:
    Term Credit Agreement (short form)
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  • Trust Receipt
    Trust Receipt

    $19.99

    $19.99

    From:William Glover

    Document Overview:
    A trust receipt is a written legal document between a bank and a person borrowing from that bank. The trust receipt states that the bank will give merchandise to the borrower but the bank will still retain the title to the merchandise and can repossess it if the buyer does not uphold the terms decided upon in the trust receipt. The borrower must keep the merchandise and any profits made from that merchandise separate from normal business expenses and if the bank repossesses the items, the borrower will return the items or the money made from selling the merchandise. Typically, items used in trust receipts are large items with serial numbers that are easy to record and keep track of. For example, automobiles, large appliances, and trailers can all be given to a borrower by signing a trust receipt. The borrower then promises to pay the lender back an amount of money worth the property loaned to him.
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