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2025-04-08T21:58:35+00:00
Credit Application
Business Information
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Max. file size: 50 MB.
Do you use Purchase Orders?
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Have You or any of Your Partners or Principals Ever Filed For Bankruptcy Protection?
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Trade & Credit References
Trade & Credit References
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Agreement
Agreement
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1. All invoices are to be paid 30 days from the date of the invoice.
2. Claims arising from invoices must be made within 7 working days.
3. Past due balances are subject to a late charge of 1-1/2% monthly (18% annually) of the maximum per state law. If account must be placed with a third party for collection, customer is responsible for these additional collection and legal fees.
4. This completed form will be used by Valley Building Supply solely for the purpose of granting credit to the applicant who authorizes Valley Building Supply to verify account balances and agrees to hold Valley Building Supply harmless in its efforts.
5. We have read these conditions and agree to them.
THE UNDERSIGNED HEREBY GRANTS VALLEY BUILDING SUPPLY PERMISSION TO CHECK THE REFERENCES LISTED AND AUTHORIZES MICROBILT TO CHECK CREDIT INFORMATION REGARDING OUR CREDIT EXPERIENCE, INCLUDING MY OWN LOAN EXPERIENCE, ACCOUNT BALANCES WITH TRADE SUPPLIERS AND CREDIT AGENCIES’ FILES.
Principal(s) Signatures
How Many Principal Signatures are needed?
(Required)
1
2
Principal Signature 1
(Required)
Signatory 1 Title
(Required)
Signatory 1 Date
(Required)
Month
Day
Year
Principal Signature 2
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Signatory 2 Title
(Required)
Signatory 2 Date
(Required)
Month
Day
Year
Personal Guarantee Agreement
Personal Guarantee Agreement
(Required)
For and in consideration of the extension of credit to
${name}
, hereinafter referred to as "Buyer" by Valley Building Supply, or any of its subsidiaries, and other good and valuable considerations, (we) jointly and severally, do hereby agree to guarantee the payment of any and all bills for goods and merchandise sold to Buyer by Valley Building Supply, or any of its subsidiaries, when payment for such goods and merchandise shall be due.
It is understood that this PERSONAL GUARANTEE AGREEMENT is to apply to any and all goods or merchandise sold to Buyer during the period beginning with the date hereof and extending to a time when written notice of cancellation is received by Valley Building Supply, or any of its subsidiaries, by registered mail, and shall cover any such purchases made upon open account or evidenced by note or other instrument incurred during the period of the guarantee.
It is further understood that this PERSONAL GUARANTEE AGREEMENT shall not be waived or otherwise impaired by any extension of time for payment to Buyer or by any other means other than the express agreement of the parties hereto.
In the event Buyer fails to pay all or part of the liabilities when due, the undersigned will pay to Valley Building Supply, or any of its subsidiaries, the amount due and unpaid by Buyer, in like manner as if such amount constituted the direct and primary obligation of the undersigned, without needing to make demand upon or pursue or exhaust any of its rights or remedies.
This agreement shall inure to the benefit of the successors and shall be binding upon the successors and assigns of the guarantors and assigns of Valley Building Supply, or its subsidiaries. In the event it becomes necessary to enforce the terms hereof, guarantor(s) agree to pay all costs of collection, including a reasonable attorney’s fee.
THIS IS A PERSONAL GUARANTEE. DO NOT INCLUDE COMPANY NAME OR TITLE TO YOUR SIGNATURE. IF OPERATION IS A PARTNERSHIP, INCLUDE BOTH PARTNERS' SIGNATURES.
By signing below I agree to the Personal Guarantee Agreement.
Date
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Month
Day
Year
How Many Personal Signatures are needed?
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1
2
Name (Person 1)
(Required)
Signature (Person 1)
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Name (Person 2)
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Signature (Person 2)
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