*Insurance coverage is required and will ask for proof of coverage with financing (Not applicable to Revolving/PowerPlan)
Notice to Applicant. (1) You represent that the information given in this entire application, including all applicant names and all other information provided on any attached page(s), is complete and accurate, and is provided for the purpose of obtaining credit in an amount set by the credit policies and practices of John Deere Financial, f.s.b. (for revolving credit), Deere Credit, Inc. (for lease) and John Deere Construction & Forestry Company (for installment) (collectively “JDF,” “we,” “us,” and “our”). You authorize us to check with reporting agencies, credit references, and any other sources in investigating the information given, in reviewing your application, in reviewing or taking collection action on the account, or for other legitimate purposes, and each such source is authorized to provide us with such information including, but not limited to, your balance sheet, cash flow statements, and income statements, both with respect to this application and subsequently for the purposes of update, renewal, or extension of credit. You further authorize us to share all information obtained with our affiliates and other companies which may offer or provide services to you or us. Those affiliates may use certain consumer report information as a factor in establishing your eligibility for credit or insurance. If you object to this, you must notify us by calling 800-634-9661, and provide your name, Social Security number, address and account number, and certain consumer report information will not be provided to those affiliates. (2) For revolving credit applications, applicant(s) requests a revolving credit account and that a Card(s) be issued upon our approval of a revolving credit application, and you certify the card(s) will be used for commercial, business and/or governmental purposes only. (3) You understand that any decision to grant or deny revolving credit will made by John Deere Financial, f.s.b. in Wisconsin, and any decision to grant or deny installment or lease financing will be made by John Deere Construction & Forestry Company and Deere Credit, Inc., respectively, in Iowa. (4) You agree that any notices and disclosures can, at our option, be provided electronically to the last email address that you provided us. (5) Married applicants can apply for an individual account. (6) You agree that, by providing us any telephone number, including mobile phone number, we, and any third party we retain to provide services to us, can contact you using that number. (7) You consent to the recording and monitoring of your telephone conversations by us and any third parties who provide services to us. (8) You authorize us and our affiliates to send you information on our products and services by Internet, facsimile transmissions and other electronic means. (9) You authorize us to disclose financial information about you as described in the credit agreement and future notices we may send you. (10) IF APPLYING FOR REVOLVING CREDIT, YOU CERTIFY THAT YOU HAVE READ AND ACKNOWLEDGE RECEIPT OF A TRUE COPY OF THE AGREEMENT WHICH CONTAINS THE TERMS AND CONDITIONS APPLICABLE TO THE REVOLVING CREDIT ACCOUNT, AND YOU AGREE TO THOSE TERMS AND CONDITIONS. YOU CERTIFY THAT YOU ARE AUTHORIZED TO SIGN ON BEHALF OF THE APPLICANT.
For Installment Financing Only: Customer Responsibility for Physical Damage Insurance. Physical damage insurance for the equipment on the attached note will be provided by the agency listed below: You agree and understand that under the terms of your contract with Lender, you must at all times keep the Goods insured against all risk, loss, damage, or destruction for their full-insurable value, with Lender listed as loss payee. You understand that this application may also be used for the purposes of establishing a credit account with McCoy Construction & Forestry. You agree that McCoy Construction & Forestry may rely on the information in this credit application to establish that account. You agree to the terms of McCoy Construction & Forestry credit agreement (page 2) including 1.5% service charge on all amounts over 30 days. You also agree to pay all sums due and to become due including, but not limited to, collection costs and attorney’s fees. McCoy Construction & Forestry also has the right to obtain (or review) the applicant’s credit report.
By submitting your credit application, you agree that all information regarding your account may be provided to corporate affiliates of, all three referred to as, Lender, “we,” “us,” and “our,” and other companies which may offer or provide services to you or Lender. Those affiliates may use certain consumer report information as a factor in establishing your eligibility for credit or insurance. If you object to this, you must notify us by calling 800-634-9661, and providing your name, Social Security number, address and account number, and certain consumer report information will not then be provided to those affiliates. By submitting this application electronically, you agree that you are electronically signing this credit application and such electronic signature shall be treated as an affirmation by you to the truthfulness of all information provided on this application. You agree that we are expressly relying on the accuracy of the information submitted in making a credit or lease decision. APPLICANT(S) ACKNOWLEDGE THAT (1) THE SELLER HAS NOT REPRESENTED THAT THE TERMS OF THIS FINANCING ARE MORE OR LESS FAVORABLE THAN OTHER FINANCING (2) THE SELLER IS NOT APPLICANT’S AGENT IN OBTAINING THE FINANCING (3) APPLICANT MAY OBTAIN FINANCING FROM OTHER SOURCES AND (4) THE SELLER MAY BE COMPENSATED FOR SERVICES INVOLVED IN ARRANGING THIS FINANCING.
If this application for credit is denied, or if your revolving (PowerPlan) credit limit is later decreased, you have the right to a written statement listing the principal reason(s) for that denial or credit limit decrease. To obtain the written statement, please send a letter to the following address within sixty (60) days from the date you are notified of that decision.
For revolving credit applications and credit decreases: John Deere Financial
P.O. Box 5328
Madison, WI 53705
For installment or lease applications: Customer Service Department — Construction Finance Group Deere Credit Services, Inc.
P.O. Box 6600
Johnston, IA 50131-6600
We will send you a written statement of reason(s) for the denial or revolving credit limit decrease within sixty (60) days of receiving your request.
You release all claims against DCI, JDCFC, John Deere Financial, f.s.b., and their affiliates and your other creditors for all acts or omissions which occur in verifying the above information.
McCoy Construction & Forestry Agreement and Terms
In the event Applicant is approved by McCoy Construction & Forestry, and except to the extent otherwise agreed to by McCoy Construction & Forestry with respect to any particular transaction, the following terms shall apply generally to all other obligations of the Applicant to McCoy Construction & Forestry. Payment in full is due thirty (30) days from the date of invoice or performance of service (due date) unless the parties agree otherwise by written contract or other document. Any amount not paid within thirty (30) days of the due date (interest-free period) shall be subject to a monthly service charge of one and one-half percent (1.5%) or the maximum rate allowed by law, whichever is less, from the end of the interest-free period. Applicant grants to McCoy Construction & Forestry a purchase money security interest in all goods and products now or hereafter sold to Applicant by such party to secure the price for all such goods and products. In the event that all or any part of the purchase price for such goods or products is not paid when due, McCoy Construction & Forestry shall have, in addition to their other rights and remedies, the rights and remedies of a secured party under Article 9 of the Uniform Commercial Code. Applicant will on demand pay to McCoy Construction & Forestry as applicable, all costs and expenses (including without limitation legal expenses and reasonable attorney’s fees) incurred by such parties in collecting any amount due from Applicant or enforcing any obligations of applicant, whether or not any legal proceeding is commenced in connection therewith. All obligations of the Applicant to us are due and payable at the address indicated in the applicable invoice or statement. The validity, construction, interpretation, and administration of this application and all agreements between Applicant and McCoy Construction & Forestry shall be governed by the law of the state where product and services were initially provided, without regard to its law governing choice of law or conflict of law. IN CONNECTION WITH ANY CONTROVERSY INVOLVING OR RELATED TO THIS APPLICATION AND ANY OTHER AGREEMENT BETWEEN APPLICANT AND MCCOY CONSTRUCTION & FORESTRY, APPLICANT AND EACH OTHER PERSON SIGNING THIS APPLICATION CONSENTS TO THE PERSONAL JURISDICTION OF THE STATE AND FEDERAL COURTS LOCATED IN THE STATE WHERE PRODUCTS AND SERVICES ORIGINATED, WAIVES ANY ARGUMENT THAT VENUE IN SUCH FORUM IS NOT CONVENIENT, AND AGREES THAT ANY LITIGATION INITIATED BY APPLICANT OR ANY OTHER PERSON SIGNING THIS APPLICATION, SHALL BE VENUED IN THE COUNTY WHERE THE PRODUCTS AND SERVICES ORIGINATED OR IF LITIGATION IS FILED BY MCCOY CONSTRUCTION & FORESTRY, AS DETERMINED BY MCCOY CONSTRUCTION & FORESTRY. APPLICANT AND EACH PARTY SIGNING THIS APPLICATION KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES THE RIGHT TO TRIAL BY JURY IN ANY JUDICIAL PROCEEDING INVOLVING DIRECTLY OR INDIRECTLY, ANY MATTER (WHETHER SOUNDING IN TORT, CONTRACT OR OTHERWISE) IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH, THIS APPLICATION OR ANY OTHER AGREEMENT RELATING HERETO. If, at the sole discretion of McCoy Construction & Forestry, it becomes apparent that Applicant is or will be unable to meet its financial obligations to McCoy Construction & Forestry, or if Applicant fails to comply with the terms and conditions imposed by this agreement or any other agreement between Applicant and McCoy Construction & Forestry shall have the right in its sole discretion to demand payment in advance or demand satisfactory security.
To contact the McCoy Construction & Forestry Credit Department, please call us at 563-845-5073, or visit us at mccoycf.com.
See Powerplan(TM) Credit Agreement Information
