Hillary Machinery Inc Credit Application

EQUIPMENT FINANCE LEASING APPLICATION
Fax Application to: 877.201.3127
GENERAL INFORMATION
Complete Legal Name:     Tax ID:  
Street Address:     Phone:  
City:   State:     Fax:  
County:   Zip:     Revenues:  
Sole Proprietor36 Mths48 Mths60 MthsC Corp.S CorpOther72 Mths
Ltd. Partnership Gen. PartnershipLtd. Liability Co.
$1 Out
FMV
NoNoYesYes NoNo YesYes
Business Start Date:
  Years w/Current Owners:     No. of Emp.:  
Type of Organization                    
                   
Desired Term:       Lease Type:    
Description of Business (Products and Services):  
Has the company ever declared bankruptcy?   Have any of the guarantors ever declared bankruptcy?      
Are there any outstanding lawsuits?     Are there any outstanding tax obligations?        
OWNERS (20% or more)
Name Street Address Date of Birth US Citizen % Ownership Owners Gross Income
Title City, State, Zip Social Security # Yes or No Net Worth Owners Salary
1.          
           
2.          
           
BANK REFERENCE
Primary Bank Name:   Contact:     Phone:  
Account Number:   Avg. Bal.:     Acct. Type:  
NewUsed
EQUIPMENT
Equipment Description:  
Equipment Location:  
Supplier:   Phone:   Invoice Amt.: NewUsed
 
Equipment Description:  
Equipment Location:  
Supplier:   Phone:   Invoice Amt.:  
CUSTOMER CREDIT RELEASE
NOTE:  If the total requested is > $200,000 the following information is required: (a) company’s Federal tax returns for the past two years, (b) fiscal year-end financial statements, income statement, balance sheet, statement of cash flows and any accountant notes for the past two years, (c) most recent interim financial statement with comparable previous period, (d) a personal financial statement for each owner or officer listed, (e) the most recent personal Federal tax return for each owner of officer listed.  Huntington reserves the right to request the same information for requests <= $200,000.  If your credit references or credit history may be verified under any other name(s), please indicate next to your signature.  THE OHIO LAWS AGAINST DISCRIMINATION REQUIRE THAT ALL CREDITORS MAKE CREDIT EQUALLY AVAILABLE TO ALL CREDIT WORTHY CUSTOMERS, AND THAT CREDIT REPORTING AGENECIES MAINTAIN SEPARATE CREDIT HISTORIES ON EACH INDIVIDUAL UPON REQUEST.  THE OHIO CIVIL RIGHTS COMMISSION ADMINISTERS COMPLIANCE WITH THIS LAW.  This application is subject to the approval of, and any credit will be executed by Huntington National Bank (“Huntington”) or its assigns.
Your signature below is: (i) your company’s application through you as its authorized signer for the credit products indicated; (ii) your agreement to the terms and your representation that the questions in the application have been answered fully and truthfully; (iii) you and your company’s agreement as applicable to the Agreements and Representations section below, and; (iv) you and your company’s understanding that Huntington has no obligation to extend credit unless Huntington approves this application.
AGREEMENTS AND REPRESENTATIONS  
1.        You and company represent to Huntington that all information provided on this application is true and correct, is not misleading, and does not contain any material omissions.
2.        You authorize Huntington to obtain consumer reports on each of owner or officer listed from consumer reporting agencies in considering this application, and in conjunction with any extension of credit to company or review or collection.  Huntington may obtain business reports on company.
3.        You represent to us that each of you is authorized to sign this application on behalf of company, that each of you have the title indicated above, and that no other person(s) is/are required to sign this application in order to bind the company or to make any of the representations, agreements, or other information in this application accurate, effective and legally binding.
All owners and other principal representatives must sign this application.  If there are more than four signers, please copy this application, complete and sign this section, and attach the copy to this application.
   
Owner______________________________________________________________________________________ Date_______________  
   
Owner______________________________________________________________________________________              Date_______________