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100% Agronomy (Crop Nutrients, Crop Protection, Seed)
100% Energy and 100% Grain
Level 1 - 0% Rate (Due January 31, 2019)
+=
100% Agronomy (Crop Nutrients, Crop Protection, Seed)
100% Energy or 100% Grain
Level 2 - 2% Under Prime Rate (Due January 31, 2019)
+=
90% Seed
100% Crop Nutrients or 100% Crop Protection
Level 3 - 1% Under Prime Rate (Due January 31, 2019)
+=
100% 2 of 3 Agronomy Products (Crop Nutrients, Crop Protection or Seed)
Level 4 - Prime Rate (Due November 30, 2018)=
50% or More Seed Purchase
Level 5 - Prime Rate Plus 1.5% (Due November 30, 2018)=
No Seed Purchase Requirements
Level 6 - Prime Rate Plus 3% (Due November 30, 2018)=
Finance Rate LevelsAll products must be purchased from Sunrise
2018September 2017 - August 2018
Input Financing Program
Finance Rates as Low as 0%
What is the Sunrise Cooperative Input Financing Program?The Sunrise Input Financing Program allows you to finance your fall, spring and summer crop
input purchases. The program also allows you to finance your agronomy prepay purchases from Sunrise Cooperative. Eligible charges are to be made between September 1, 2017 and August 31, 2018. To qualify for the program you must submit a completed application, tax return (first two pages of your 1040 and schedule F) and apply for a minimum of $10,000 to be financed. If applicable please send your 1065 or 1120.
What is the financing rate?Your finance rate is determined by the percent of supplies purchased from Sunrise. In order to get the
best possible rate, which is 0%, you need to purchase 100% agronomy (crop nutrients, crop protection, seed), 100% energy and sell 100% of your grain to Sunrise. The highest rate which is
3% over prime, and does not have a purchase requirement. Acres planted to popcorn or soybeans raised for a seed house do not impact your financing rate.
How are your input products priced?The prepaid or cash price in effect at the time of billing will be used for products. The regular price
will be used for services such as custom application, delivery or equipment rental.
When do finance charges begin?Finance charges are calculated from the date of invoice when product is either picked up, or the prepaid price is locked in. Finance charges are not compounded.
When is the due date?Level 1, Level 2 and Level 3 are due January 31, 2019. Level 4, Level 5 and Level 6 are due November
30, 2018.
What happens if I don’t purchase the percent of agronomy in the level I selected from Sunrise?The financing rate will be adjusted to the level that was met and made retroactive to the invoice date.
What paperwork is required?An application, tax return, balance sheet, note and contract will be required in all cases, and in some
cases a crop lien and crop insurance may be necessary.
When is the application deadline?February 28, 2018 is the deadline for all applications.
How do I apply?Mail the completed and signed application to the Sunrise Credit Office at P.O. Box 870, Fremont,
OH 43420-0870. The Credit Manager, Terry Schreiner and Assistant Credit Manager, Megan Petruchik, have Fremont office hours on Monday, Wednesday and Thursday of each week. If assistance is needed the remaining days of the business week please contact Lynn Stilwell. You will have a reply on your application within ten (10) days.Contacts: Terry Schreiner; ext. 233 E-mail: [email protected] Megan Petruchik; ext. 225 E-mail: [email protected] Lynn Stilwell; ext. 228 E-mail: [email protected]
How are finance charges calculated at the end of the program?Any amount of principal not paid when due shall bear a finance charge from 30 or 31 days prior to
the date when due until principal amount is paid in full, at a rate per month equal to two percent (2%). A principal payment can be made at any time before they are due.
Name: Account #
Spouse Name (if applicable)
Address:
City: State: Zip Code:
Phone: Cell Phone: County:
Social Security No.: Birthdate:
Spouse/Cosigner Social Security No.: Birthdate:
Federal I.D. No.: Email: Fax:
Sunrise Cooperative, Inc. Credit Dept.P.O. Box 870 • Fremont, OH 43420-0870 • Toll-Free: 800-321-5468Phone: 419-334-5261; Terry - Ext. 233, Megan - Ext. 225, Lynn - Ext. 228
THIS INFORMATION WILL BE TREATED IN A CONFIDENTIAL MANNER
o Level 1 - 0% Rate (Due January 31, 2019) o Level 4 - Prime Rate (Due November 30, 2018)
o Level 2 - 2% Under Prime Rate (Due January 31, 2019) o Level 5 - Prime Rate Plus 1.5% (Due November 30, 2018) o Level 3 - 1% Under Prime Rate (Due January 31, 2019) o Level 6 - Prime Rate Plus 3% (Due November 30, 2018)
(See cover page for program descriptions and stipulations.)
ALL (Categories Listed) o Yes o No OIL (Bulk or Packaged) o Yes o No CROP NUTRIENTS o Yes o No POWER FUELS o Yes o No CROP PROTECTION o Yes o No PROPANE o Yes o No SEED o Yes o No OTHER (Please Specify)
SPS (Sunrise Precision Solutions) Equipment o Yes o No
Please print and completely fill out all information blanks so we may properly process your requestIndividualIncorporatedPartnership
Co-Applicant(s):NAME: __________________________________________
TITLE: ___________________________________________
ADDRESS: _______________________________________
CITY, STATE, ZIP: _________________________________
_________________________________________________
SOCIAL SECURITY NO.:
_________________________________________________
Co-Applicant(s)NAME: __________________________________________
TITLE: ___________________________________________
ADDRESS: _______________________________________
CITY, STATE, ZIP: _________________________________
_________________________________________________
SOCIAL SECURITY NO.:
________________________________________________
Co-Applicant(s)NAME: __________________________________________
TITLE: ___________________________________________
ADDRESS: _______________________________________
CITY, STATE, ZIP: _________________________________
_________________________________________________
SOCIAL SECURITY NO.:
_________________________________________________We are making this application and statement for the purpose of securing credit on account, and we represent that the information given herein is true and accurate. We authorize both financial institutions and suppliers to release any financial and credit information known to them for the purpose of evaluating this application for credit. We agree to payaccording to the terms of each account, and request the billings be made in the account name specified. By the signature(s) below, I/we agree to be bound by the Dealer’s credit terms, and acknowledge receipt of a copy of the credit terms.
Signature: ______________________________________ Signature: ______________________________________ Signature: _______________________________________
Applicant’s Signature: _____________________________________________ Date: _______________________________
Spouse /Cosigner Signature: _______________________________________ Date: _______________________________
Co-Applicant Signature: ___________________________________________ Date: _______________________________
If a partnership or corporation, please give name, social security number and address of other owner(s):
PROGRAM REQUESTED:
PLEASE CHECK WHICH PRODUCTS YOU WOULD LIKE TO PLACE ON THE PROGRAM:
MarriedSingle
2018 Input Financing Program
Customer Name
Anticipated Credit Needed Acres Owned Acres Rented
How many years have you been farming? Previous year’s farm income (2016 Schedule F, line 9) $
Non-farm income $ Agronomy Solutions Advisor
CROP PLANNING INFORMATION
Total CropValue
(Less)Prod.Used
forFeed
(Less)Landlord’s
ShareNet
ProductionExpected
Price
InsuranceCoverage
MPCI, CRC, etc. Total Crop ValueTotalProduction
EstimatedYieldAcresCrop
Type %
FINANCIAL INFORMATION Please attach the first 2 pages of your 2016 1040 federal income tax return and a copy of your Schedule F. If applicable please send your 1065 or 1120.
BALANCE SHEET If you would like to attach your most recent balance sheet you do not need to fill out the balance sheet section.
PLEA
SE R
ETA
IN C
OPY
FO
R Y
OU
R P
RES
ON
AL
REC
OR
DS
Projected Income Statement: Crop Sales (See Crop Planning Information Above)
Plus: Livestock Sales
# Head _________ Type ______________________
Avg. Wt. ________ Est. Sales Date(s) ______________________________
+
Plus: Government Program Payments +
Plus: Other Farm Income +
Equals Subtotal: Gross Farm Income =
Assets (What I Own)(Itemize on Schedule)
Liabilities (What I Owe)(Itemize on Schedule)
1. Cash, Checking, & Savings Accounts ..................
2. Government Securites, Stocks, Bonds, & other Securities ..................................................................
3. Notes Receivable ....................................................
4. Livestock & Poultry .................................................
5. Crops (Growing) ......................................................
6. Crops (Stored) .........................................................
7. Other Current Assets ..............................................
Total Current Assets
$ __________________________
____________________________
____________________________
____________________________
____________________________
____________________________
____________________________
$ __________________________
1. Sunrise Cooperative Fiancing 2017 ....................................
2. Accounts Payable ...................................................................
3. Credit Cards ...........................................................................
4. Operation Loans to Financial Institutions ..........................
5. Other Current Debits ............................................................
6. Other Current Debts .............................................................
Total Current Liabilities
$ _____________________
_______________________
_______________________
_______________________
_______________________
_______________________
$ _____________________
8. Real Poperty (_______ Acres @ $_____/Acre) .....
9. Home & Buildings ..................................................
10. Motor Vechicles ......................................................
11. Machinery & Equipment .......................................
12. Other Long Term Assets .......................................
Total Assets
$ __________________________
____________________________
____________________________
____________________________
____________________________
$ __________________________
7. Machinery Loans ...................................................................
8. Car Loans ...............................................................................
9. Real Estate Mortgage Loans ...............................................
10. Other Long Term Debts .....................................................
Total Liabilities
Net Worth (Total Assets Less Total Liabilities)
$ ______________________
________________________
________________________
________________________
$ ______________________
$ ______________________
