General Rules for BHPH Funding

1. Your first payment to Canton Financial cannot exceed 45 days from the date of your sale to your BHPH customer.
   
   
2. We will set a maximum dollar limit of contracts we will fund based on a valuation of your business. This limit can be reviewed periodically based on the performance of your business.
   
   
3. We must approve the Retail Installment Contract Form you are using for your BHPH accounts or we can supply you our forms at our cost. We would prefer you use our Retail Installment Contract. If we use your Contract it must be approved by our legal department at your expense. There are many contracts which are acceptable.
   
   
4. We will prepare a Note & Security Agreement for you to use.
   
   
5. We will audit your accounts on a demand basis. If outside verification is necessary it will be at your expense.
   
   
6. We will prepare Payment Charts for you to use with your customers which are customized for you. We will also prepare Payment Charts for you to use when submitting accounts to us for funding.
   
   
7. Actual procedures for funding of your contracts are to be coordinated with Canton Financial and are subject to change from time to time.