The TK Finance Agreement (commonly referred to as Payment Plan) is the billing form used for purchase of Turnkey’s products and services under a payment plan. Do NOT confuse this form with the ACH/CC Auth Form. This is purchase of a product/service over a certain period of time. Meanwhile, the recurring ACH has no specific term.


Note: The Finance Agreement form is used for payments using Automated Clearing House (ACH) and Credit Card (CC). Payments made via cash/check will be coordinated with US Finance/Admin.


ACCOUNT INFORMATION:

Merchant ID For new accounts, disregard this section. 
For existing accounts, refer to the platform the account is housed/boarded.
Sales Rep Name For new accounts, refer to the one who sent the application.
For existing accounts, refer to the platform the account is housed/boarded.
Sales ID

For new accounts, disregard this section. 

For existing accounts, refer to the platform the account is housed/boarded.


MERCHANT INFORMATION:

Corporate Business Name Referred to as the "Legal Business Name or IRS Name". This is the name they file their taxes under, which can be completely different from the DBA.
DBA Name Referred to as “Doing Business As”. This is the name of the business that is visible to the customers (storefront, window, and/or door signages).
Business Address Referred to as the “ Location Address”. This is where the physical store of the business is situated.
City Business city.
State Business state.
Zip Code Business zip.
Business Phone Number Referred to as the “Location Phone”. This is commonly the phone number associated with the business.
Type of Business Based on what the business is selling, this can be classified accordingly. A quick google search will be able to assist on what type of business the account is.
Years in Business This is computed by calculating current year less the year it was established.
Tax ID Number Referred to as the “Employer Identification Number”. Each legal entity has a unique nine-digit identification number that they are also filing the taxes under. This can be verified via their EIN letter. For Sole Proprietorship, their EIN and SSN are the same.
Billing Address (if different than above) If the merchant has a different billing address than their location address, specify. Otherwise, disregard. This might be their legal address.
City If the merchant has a different billing address than their location address, specify. Otherwise, disregard. This might be their legal address.
State If the merchant has a different billing address than their location address, specify. Otherwise, disregard. This might be their legal address.
Zip Code If the merchant has a different billing address than their location address, specify. Otherwise, disregard. This might be their legal address.
Bank Name Name of the bank the merchant has an account. This can be found in the voided check or letterhead of the bank letter.
Routing Number 9-Digit Number, to verify, search in via google search to verify bank name.
Account Number Account number.
Business Type Sole Proprietorship - legal name and owner's name are the same.

Private Corp - Corp, Corporation, Inc, Incorporated, Comp, Company.

Private Limited Liability Company - PLLC, LLC.

If no indicator found, coordinate with your Supervisor/Manager.


EQUIPMENT DESCRIPTION:

Equipment Type Make and model of the equipment being purchased.
Quantity Number of specified device.
Unit Price without Tax Refer to the buy rate guide or proposal provided for mark-ups and/or bundles.


SCHEDULE OF PAYMENTS:

Total Due Sum of ALL products/services purchased. This is exclusive of tax.
Term (in months) Number of installments. Usually three months, unless otherwise, specified.
Monthly Charge Total Due divided by the Term. This is exclusive of tax.


FINANCE AGREEMENT ACCEPTANCE

Merchant Signature Owner/Authorized Signer's signature.
Title Owner/Authorized Signer's official designation.
Print Name Owner/Authorized Signer's full name.
Date Date the document is signed.


PERSONAL GUARANTY

Personal Guarantor's Signature Not necessarily the owner, but defaulted to be the owner/authorized signer.
Print Name Not necessarily the owner, but defaulted to be the owner/authorized signer.
Home Phone Number Personal phone number.
Date Date the document is signed.
Home Address Home address matching the Driver’s License or any legal documentation. Should be within the United States.
City Home city.
State Home state.
Zip Code Home zip.
Date of Birth (DOB) Date of birth matching the Driver's License or any legal documentation.
Social Security Number 9-Digit SSN.