Credit Application

Credit Application

Kindly allow up to 2 business days for processing. Please provide as much of the requested information as possible to minimize delays. The Tejas team will reach out if any further information is required.
Applicant Information
Business name
DBA (If Applicable)
Federal Tax ID
Physical Address

Street Address

Street Address Line 2
CityState / ProvincePostal / Zip Code
Billing Address (If Different Than Above)

Street Address

Street Address Line 2
CityState / ProvincePostal / Zip Code
Business Phone
Please enter a valid phone number.Format: (000) 000-0000.
Cell Phone
Please enter a valid phone number.Format: (000) 000-0000.
Date Business Started

MonthDayYear
Date
State Where Registered or Incorporated
Accounts Payable Contact
Accounts Payable Email Address
example@example.com
Company Website
Type of Business

Other
Billing Information Preferred
Optional: Please provide an example of your PC# and/or Job Number

Personal, Officer, Partner, Member, or Municipal Contact Information
Owner/Officer 1 Name
Owner/Officer 1 Title
Owner/Officer 1 Tax ID
Owner/Officer 1 Physical Address

Street Address

Street Address Line 2
CityState / ProvincePostal / Zip Code
Owner/Officer 1 Phone
Please enter a valid phone number.Format: (000) 000-0000.
Add a 2nd officer
Owner/Officer 2 Name
Owner/Officer 2 Title
Owner/Officer 2 Tax ID
Owner/Officer 2 Physical Address

Street Address

Street Address Line 2
CityState / ProvincePostal / Zip Code
Owner/Officer 2 Phone
Please enter a valid phone number.Format: (000) 000-0000.
Commercial Banking Information
Bank Name
Bank City
Bank State
Bank Phone
Please enter a valid phone number.Format: (000) 000-0000.
Bank Officer
Bank Account Number
Commercial Trade References
Trade Reference 1 - Reference Name
Trade Reference 1 - City
Trade Reference 1 - State
Trade Reference 1 - Phone
Please enter a valid phone number.Format: (000) 000-0000.
Trade Reference 1 - Email Address
example@example.com
Trade Reference 2 - Reference Name
Trade Reference 2 - City
Trade Reference 2 - State
Trade Reference 2 - Phone
Please enter a valid phone number.Format: (000) 000-0000.
Trade Reference 2 - Email Address
example@example.com
Trade Reference 3 - Vendor/Supplier
Trade Reference 3 - City
Trade Reference 3 - State
Trade Reference 3 - Phone
Please enter a valid phone number.Format: (000) 000-0000.
Trade Reference 3 - Email Address
example@example.com
Applicant Signature

Applicant hereby applies to MaRentco Inc. for credit and specifically consents to investigating Applicant's credit history and authorizes the release of its bank account information. If credit is extended, Applicant acknowledges that MaRentco Inc. requires payment upon receipt of invoice. In the event of failure to timely pay any invoice, Applicant agrees to pay a service charge to MaRentco Inc. on such delinquent invoice(s) until fully paid, at the maximum rate allowed by the laws and jurisdiction of the originating location stated on the invoice, and all reasonable collection costs, including but not limited to attorney's fees. Applicant agrees to be bound by the terms and conditions as set forth in MaRentco Inc.standard form of Rental and Sales Agreement, or similar document, in use at the time of each rental or sales transaction in the jurisdiction where the purchase or rental occurs, which terms and conditions are incorporated herein by reference and which constitute a part of the credit agreement, regardless of whether or not the agreement is executed by an authorized representative of Applicant. MaRentco Inc. reserves the right to file preliminary notices for work done in states where these notices are required by state law in order to protect our lien rights. All rental & sales invoices are due upon receipt.
Printed Name of Applicant
Title of Applicant (Corp. or Other Legal Entity)
Date Signed (Applicant)

MonthDayYear
Date
Signature of Applicant
Tejas Sales Representative Name
Notice: Any signature (including any electronic symbol or process attached to, or associated with, a contract or other record and adopted by a Person with the intent to sign, authenticate or accept such contract or record) hereto or to any other certificate, agreement or document related to this transaction, and any contract formation or record-keeping through electronic means shall have the same legal validity and enforceability as a manually executed signature or use of a paper-based record keeping system to the fullest extent permitted by applicable law, including the Federal Electronic Signatures inGlobal and National Commerce Act, or any similar state law based on the Uniform Electronic Transactions Act, and the parties hereby waive any objection to the contrary.

Personal Guaranty
Type a question
Business Name
The undersigned, jointly, severally and unconditionally guarantees and promises to pay all amounts now owing or which may hereinafter become owing by the company to MaRentco Inc. It is understood and agreed that this is a continuing guaranty and MaRentco Inc. shall not be obligated to notify the undersigned of the dates or amounts of any such credit, that the undersigned waives demand and notice of default and agrees that any extension of time or other forbearance, which may be granted by MaRentco Inc. shall not affect or alter MaRentco Inc's rights under this guaranty. The undersigned further waives (a) notice of acceptance of this guaranty; (b) any demand for paying under this guaranty; (c) benefit of all exemptions and homestead laws; (d) all set-offs and counterclaims; (e) all other noticees to which the undersigned might otherwise be entitled. The undersigned for themselves and the company further agrees to pay a service charge to MaRentco Inc. at the maximum rate allowed by the laws of the jurisdiction where the originating MaRentco Inc. location(s) stated on the invoice(s) is located on all delinquent balances as well as all costs and expenses MaRentco Inc. incurs in connection with the collection of any delinquent balance or any other default by the company on any agreement or transaction the company may enter into with MaRentco Inc., including without limitation reasonable attorney's fees and all other fees arising from placement of collection. This is a guaranty of payment and not of collection and the undersigned further waives any right to require that any action be brought against the company or other person or to require that resort be had to any security. The undersigned's obligation shall remain effective and be enforceable regardless of any subsequent incorporation, reorganization, merger or consolidation transfer or sale of the company or any other change in the composition, nature, personnel, or location of the company. This guaranty shall ensure to the benefit of MaRentco Inc., its successors and assigns and shall bind the heirs, executors, personal representatives, administrators, assignees, purchasers, and other successors of the undersigned. If any provision or part of this guaranty is in conflict with any applicable statute or rule of law, the such provision, or part thereof, as the case may be, shall be deemed null and void to the extent that it may conflict therewith, but without invalidating the remaining provisions hereof or the remaining part of such. The undersigned hereby consent(s) to MaRentco Inc's use of a non-business consumer credit report on the undersigned in order to further evaluate the credit worthiness of the undersigned as principal(s), proprietor(s), and/or grantor (s) in connection with the extension of business credit as contemplated by this credit application. The undersigned hereby authorize(s) MaRentco Inc. to utilize a consumer credit report on the undersigned from time to time in connection with the extension or continuation of the business credit represented by the credit application. The undersigned as (an) individual(s) hereby consents to the use of such credit report consistent with the Federal Fair Credit Reporting Act as contained in 15 USC @ 1681 et seq. The undersigned's obligations hereunder may be canceled only by written notice delivered to MaRentco Inc. by certified mail, with proof of delivery. Upon receipt by MaRentco Inc. of such cancellation notice, the undersigned shall not be liable for any further extensions of credit to the company; however, the undersigned shall continue to be liable for all indebtedness of Applicant incurred prior to the date of MaRentco Inc's receipt of the cancellation notice, together with all pre- and post- cancellation service charges, reasonable costs of collection, including attorney's fees, incurred in MaRentco Inc's efforts to collect any indebtedness incurred prior to the date of receipt of the cancellation notice. The undersigned agrees that any and all claims of the undersigned against the Applicant shall be subordinate and subject in right of payment to the prior payment in full of all indebtedness to MaRentco Inc. by Applicant. In consideration of MaRentco Inc's extension of credit to Applicant, the undersigned hereby expressly waives any right of trial by jury in any proceeding arising out of, or relating to, this guaranty, to the extent allowed by the laws of the relevant jurisdiction. The undersigned further consents to venue for any such action in any jurisdiction where venue is proper as to the Applicant. The undersigned recognizes the obligation both of the Applicant and the undersigned to cause that portion of all payments received by Applicant which include payment to Applicant for the equipment and supplies furnished by MaRentco Inc. pursuant to this agreement to be held in a separate account in trust for payment to MaRentco Inc. The undersigned agrees that the Applicant shall not use said payments for any other purpose until payment in full has been made to MaRentco Inc. The undersigned agrees to act as a fiduciary for payment to MaRentco Inc. in exchange for the Applicant's ability to rent and/or purchase equipment and supplies on credit. The undersigned agrees that any failure to hold payments in trust for MaRentco Inc. shall create a debt which is not dischargeable in bankruptcy and which shall be an exception to discharge pursuant to the terms of 11 U .S.C.§523(a)(4) and (6). The undersigned agrees to be bound, to the same extent as Applicant, by the terms and conditions as set forth in MaRentco Inc's standard form of Rental and Sales Agreement in use at the time of each rental or sales transaction in the jurisdiction where the purchase or rental occurs, which terms and conditions are incorporated herein by reference and which constitute a part of the credit agreement and guaranty, regardless of whether or not the agreement is executed by an authorized representative of Applicant.
Name of Applicant
Social Security Number
Date

MonthDayYear
Date
Address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Signature
Has Applicant or any of its owners, partners, officers, directors, or managing members, or any personal guarantor, ever been a debtor in a voluntary or an involuntarybankruptcy filing, had a receiver appointed, or made an assignment for the benefit of creditors?
Has any of Applicant’s owners, partners, officers, directors, or managing members ever been an owner, partner, officer, director, or managing member of any business enterprise which was a debtor in a voluntary or an involuntary bankruptcy filing, had a receiver appointed, or made an assignment for the benefit of creditors?

Insurance Requirements

Tax & LDW Fees Will Be Charged If You Fail To Provide A Valid Certificate
Rental of construction equipment is synonymous with the sale of personal property. The total amount of the rental charge is subject to sales or use tax in the same way that the sale of the same item is taxable. Please consult your tax accountant for your particular situations.
File Upload

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Do you have General Liability Insurance?
Do you have have Physical Damage or Equipment Floater Insurance?
Equipment Floater must show proof of coverage for rented or leased equipment with a limit high enough to cover all equipment rented from MaRentco Inc. at any point in time. Auto (water trucks, etc.) requires proof of a valid driver's license and Business Auto Liability Insurance to include i.e. owned, leased, hired or borrowed language. Provide a certificate of insurance with Automobile coverage limits of $1,000,000 combined single limit and General Liability coverage with a minimum limit of $1,000,000. Contact MaRentco Inc. regarding other insurance requirements at: (210) 590-2445.

Tejas Equipment Rental must be listed as the "Loss Payee and Additional Insured".

Damage Waiver Certificate of Insurance Requirements

Please provide a current Insurance Certificate with the following documentation clearly stated:
Please provide a current Insurance Certificate with the following documentation clearly stated:

TYPE OF INSURANCE - "Equipment Floater or Construction Equipment" is preferred.

POLICY EXPIRATION DATE - Usually on an annual basis.

LIMITS OF LIABILITY - We require a minimum of $ 250,000 "per item"

RENTAL EQUIPMENT - Certificate must make specific reference to Rented or Leased
Equipment

LOSS PAYEE - Should always be: MaRentco Inc., with our address.

DEDUCTIBLE - State the amount of deductible for each occurrence.

If no insurance coverage is forwarded a 14% Damage Waiver will be charged to all rentals. If insurance is sent, Damage Waiver will be removed from that date forward. Damage Waiver will not be credited to invoices in arrears. We encourage you to get your own coverage, either with your existing insurance carrier or compare pricing with various carriers that will best accommodate your needs.

If there should be any problems with the issuance of your certificate, please contact our Accounts Receivable tam at (210)-590-2445.
Please Provide your Certificate of Insurance:

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Credit Application

Applicant Information

Personal, Officer, Partner, Member, or Municipal Contact Information

Commercial Banking Information

Commercial Trade References

Applicant Signature

Personal Guaranty

Insurance Requirements

Damage Waiver Certificate of Insurance Requirements

Project Information Sheet

General Contractor Information

Property Owner

Bond/ Insurance