Dealer is in the business of selling products and/or equipment and/or services (“Products”) to consumers and businesses, and Dealer permits consumers and businesses to make a purchase of Products under the terms of a retail installment contract and/or equipment financing agreement and/or equipment leasing (“Contract”). Money Financial Group Corporation (MFG) has established a program (the “Program”) under which MFG and/or it's assignees will purchase Contracts and Accounts from Dealer from time to time, in accordance with the terms of this Agreement. This agreement does not obligate MFG to purchase any Contracts or Accounts. “Program Terms” means the financial terms on which MFG may purchase Contracts and Accounts under this Agreement, as determined by MFG from time to time. STANDARD APPROVAL TERMS: All purchases are subject to verbal verification with the customer. The approval is based on the information listed on the credit application and loan documents being accurate. If we find out during verification or any other time that something is not correct, we may request additional documentation or reject the loan.NO DEALER’S FEES PROGRAM: MFG pays to the Dealer 100% of the approved amount. SPLIT FUNDING: No split funding is allowed where another lender is financing the same contract and account. PAYMENT TERMS: MFG will use its best efforts to promptly pay dealers for any transaction which has been approved, reviewed, and confirmed by MFG as being accurate and complete; and have been accepted by MFG and/or its assignees for purchase. MFG shall fund Dealer by direct deposit (ACH transfer) into an account of Dealer’s choice or by corporate credit card. ACH transfers will be done at no cost to the Dealer. If MFG funds any amount in error, the Dealer agrees that MFG may deduct the erroneous amounts from the Dealer’s account or bill the Dealer separately at MFG’S sole discretion. PARTICIPATION AND PROFIT-SHARING: MFG will pay to the Dealer a 3% commission for each Commercial application which is approved and funded regardless of the amount to finance. Examples: $20,000.00 = $600.00, $50,000.00 = $1500.00, $100,000.00 = $3000.00, etc. NO DEALER RECOURSE: All transactions are on a non-recourse basis except for the dealer's proven fraudulent activity. Furthermore, the dealer shall indemnify and hold MFG harmless from and against any and all expense, injury, and damage including reasonable attorney fees, which MFG may incur, pay or suffer as a result of acts of Dealer, its Principals, employees, or representatives or breach of its warranties herein. DEALER LICENSING: Dealer represents and warrants to MFG that in all jurisdictions where required: (1) Dealer has all required licenses, bonding or permits for installation of goods; (2) Dealer has all required licenses, bonding or permits for services provided; and (3) Dealer has all required financing licenses or registrations. APPLICABLE LAW AND VENUE: This Agreement shall be governed and construed according to the internal law of the State of Florida and any legal action commenced by either party to this Agreement shall be brought in the Circuit Court of Orange County. DURATION AND TERMINATION: This Agreement is on a month-to-month basis and will automatically renew unless either party gives the other written notice of termination at least 30 days prior to the end of the relevant term.