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PROGRAM
PROCEDURES
| 1. |
Customer
agrees to issue all pertinent financial
information needed in order for us to do
our due diligence. |
| 2. |
Vendor
faxes over the equipment
quotation. |
| 3. |
Preliminary
credit decision will be forwarded to
Vendor in 24 hours for deals up to
$100,000, and 48 hours anything above
$100,000. |
| 4. |
Once
our credit committee has reviewed the
financial package, a proposal will be
faxed to the customer immediately (usually
once package is received it takes between
1-3 hours). |
| 5. |
Once
BDM receives final credit approval,
Documentation will be issued to the
customer. |
| 6. |
Upon
documentation review and approval, BDM
will issue a purchase order to the Vendor
who will in return forward an invoice with
the respected Companies. |
| 7. |
BDM
Financial confirms that the customer has
received the equipment in acceptable
working order, and upon that confirmation,
will issue the Vendor the required funds. |
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