The information and statements made herein are true and accurate to the best of my/our knowledge. I/We authorize the above company to make any and all inquiries necessary for action of an open line of credit. I/We promise to pay for all purchases in accordance with your terms of sale. If at any time, for any reason, the undersigned is unable to pay for said purchases when due, the undersigned agrees to pay finance charges at the rate of 1.5% monthly, per invoice. I/We the undersigned also agrees to pay all and any collection fees if we deem necessary.
In consideration for the credit extended, the undersigned contracts and guarantees to the faithful payment, when due of all accounts of the company seeking credit for 5 years from the date of this application. The undersigned guarantor expressly waives all notice of acceptance of this guarantee, notice of extension of credit, presentment of demand for payment and any notice of default by the company seeking credit and all other notices the guarantor might be entitled to. Revocation of the guarantee shall be in writing and delivered by certified mail.