Credit application

Each person listed above signs their own guarantee. After you submit, we email each of them a link, where they give their home address, date of birth and ID, consent to a credit check, and sign. It is the wording below.

In consideration of ProSource Supply Ltd. / Vancouver Irrigation and Landscape Lighting Supply Ltd. granting credit to the Applicant Company, each undersigned guarantor irrevocably and unconditionally guarantees, jointly and severally, the full and prompt payment of all amounts owed by the Applicant Company. This guarantee is continuing and covers all present and future indebtedness. The guarantor agrees to notify ProSource Supply Ltd. promptly of any material change in their financial circumstances. Each guarantor acknowledges that they have had the opportunity to seek independent legal advice before signing this guarantee, that they understand the nature and effect of this guarantee, and that they are signing freely and voluntarily.

I/We certify that the above ownership and control information is complete and accurate, and that all individuals who materially control or benefit from this business have been disclosed. I/We understand that providing false information on this declaration may result in immediate termination of credit and legal action.

• All accounts are due net 30 days from date of invoice unless otherwise specified in writing.
• A service charge of 2% per month will be applied to all overdue balances.
• Non-payment will incur administration and collection fees payable by the account holder.
• ProSource Supply Ltd. reserves the right to conduct personal credit inquiries on all guarantors through recognized credit reporting agencies (Equifax / TransUnion). By signing this application, all guarantors consent to such inquiries.
• ProSource Supply Ltd. reserves the right to conduct land title searches and other independent verification of declared assets.
• Credit facilities are subject to annual review. The Applicant and Guarantors agree to provide updated financial information upon request.
• Any change in ownership or control of the Applicant Company must be reported to ProSource Supply Ltd. within 30 days. Credit terms may be suspended pending re-evaluation.
• ProSource Supply Ltd. reserves the right to modify, suspend, or revoke credit at any time.

We the undersigned certify that all information provided in this application is complete, true, and accurate. We authorize ProSource Supply Ltd. / Vancouver Irrigation and Landscape Lighting Supply Ltd. to verify all information provided herein.