Westex Capital Ltd.

Pico Petroleum Products

Pico Fuel Club

Pico Convenience Stores

Divisions available to serve your needs:

 

Box 4209                                 Box 800                                                  Box 299                                  Box 1209                                 Box  508

Del Rio, TX 78840-4209       Carrizo Springs, TX 78834-0709       Kenedy, TX 78119               Boerne, TX 78006-1289       Uvalde, TX 78802-0508

(830) 776-7581                       (830) 876-2527                                       (830) 583-2421                   (830) 249-2416                       (830) 278-5681

(830) 776-4956 Fax                (830) 876-9578 Fax                               (830) 683-9578 Fax           (210) 698-2106 S.A.               (830) 278-4775 Fax

                                                                                                                                                                      (830) 249-8598 Fax                                                                                                                                                                                                                                                                                               

The undersigned is applying for extension of credit.  The following information, which the undersigned warrants to be true and correct, is submitted as a basis for considering this application.  The Companies, Westex Capital, Ltd., Pico Petroleum Products, Pico Fuel Club, Pico Convenience Stores, (hereinafter the “Companies”) are authorized to investigate relationships with trade suppliers or financial institutions for the purpose of establishing credit.

 

1.        Legal Business Name _______________________________________________________In Business Since_______________

 

d/b/a/ ________________________________________________________Fed.I.D. No. Or SS# ____________________________

 

 

2.        Address: _______________________________________________________________________________________________

                                        Street                                                        City                                                     State                                    Zip

 

3.        Ship to Address:_________________________________________________________________________________________

                                        Street                                                         City                                                     State                                   Zip

 

4.        Phone No. ______________________________________________Fax No. ___________________________________

 

State of Incorporation or Registration of Partnership ____________________________________

 

        5.     We do business as a              Corporation     Partnership     Sole Partnership            Limited Partnership

 

6.        Full names and home address of all corporate officers general and limited partners, or proprietor (give social security number if a

Partnership or Sole Proprietorship):

 

NAME                             TITLE                                      ADDRESS                               SOC. SEC. #                          DRIVERS LICENSE #

 

                __________________________________________________________________________________________________________

 

                __________________________________________________________________________________________________________

 

                __________________________________________________________________________________________________________

 

                __________________________________________________________________________________________________________

 

7.        Type of Current Business ____________________________________________________________________________________

 

        8.     Has the undersigned filed or been the subject of a bankruptcy as a company or as an individual?          Yes                    No

 

                If Yes, give type of bankruptcy and date filed ___________________________________________________________________

 

9.        Credit Limit Requested $ ___________________________________________________________

 

       10.    Are purchase orders required?           Yes                    No

 

       11.    All orders will be provided on a C.O.D. basis until credit is approved.  The undersigned acknowledges that the Companies’ 

                extension and maintenance of credit is at the Companies’ sole discretion.

 

12.   Current financial statements are required with this application.  Updates are required as requested by companies.


13.   Major Trade References:

 

                _________________________________________________________________________________________________________

                 NAME                                                                     COMPLETE ADDRESS                                                         AVG. BALANCE

 

                _________________________________________________________________________________________________________

                PHONE                                                                   FAX                                                                                         CONTACT PERSON

 

                _________________________________________________________________________________________________________

                NAME                                                                     COMPLETE ADDRESS                                                         AVG. BALANCE

 

                _________________________________________________________________________________________________________

                PHONE                                                                   FAX                                                                                         CONTACT PERSON

 

                _________________________________________________________________________________________________________

                NAME                                                                     COMPLETE ADDRESS                                                         AVG. BALANCE

 

                _________________________________________________________________________________________________________

                PHONE                                                                   FAX                                                                                         CONTACT PERSON

 

 

14.      Bank References:

 

   ___________________________________________________________________________________________

                 NAME                                                                     COMPLETE ADDRESS                                                        

 

                _________________________________________________________________________________________________________

                PHONE                                                                   ACCOUNT NO. & TYPE OF ACCOUNT                            CONTACT PERSON

 

                _________________________________________________________________________________________________________

                NAME                                                                     COMPLETE ADDRESS                                                        

 

                _________________________________________________________________________________________________________

                PHONE                                                                   ACCOUNT NO. & TYPE OF ACCOUNT                            CONTACT PERSON

 

                _________________________________________________________________________________________________________

                NAME                                                                     COMPLETE ADDRESS

 

_________________________________________________________________________________________________________

                PHONE                                                                   ACCOUNT NO. & TYPE OF ACCOUNT                            CONTACT PERSON

 

 

15.      The undersigned acknowledge(s) the Companies payment terms to be:  All accounts are due and payable Net 30 days; and agrees to remit payment in accordance therewith.  Past due accounts shall bear interest at the rate of 18% per annum compounded monthly.  The undersigned further acknowledge(s) that the foregoing payments terms are subject to change without notice.

 

    16.    The undersigned agrees to notify the Companies of changes in name, address, ownership or legal entity.

 

    17.    The undersigned agrees that in order to induce the Companies to extend credit, the proper venue and situs for any suit to collect

              unpaid amounts shall be in Bexar County, Texas.

 

18.     I further understand that in consideration of the extension of credit to my company for purchase of goods or services, in return I am signing this document and promising to pay in full, in both my individual capacity and on behalf of my company.  I hereby unconditionally guarantee payment of all amounts of credit extended to the above named company and individuals from the date hereof.  I further warrant that the above information is all true, complete and correct.

 

19.     Submitted this ___________________________day of ______________________________________, 20____.

 

 

20.     _______________________________________________

SIGNATURE

 

_____________________________________________________

TITLE

 

 

 

 

 COMPANY’S USE ONLY  

ACCOUNT #

APPROVED BY

DATE APPROVED

CREDIT REPORT

SALES REP