Southeast Financial is pleased to extend our retail financing services to your dealership. Southeast has become an established lending broker for various types of recreational lending including horse trailers, travel trailers, fifth wheels, motor homes, toy haulers, cargo trailers and boats. We have built relationships with a variety of lenders permitting us to offer your customers the best rate and term for their recreational loans. Southeast has achieved approvals for over 80% of applicants. We offer extended service contracts, Gap coverage, tire and wheel and we can also provide your customer with a competitive insurance quote. Southeast Financial coordinates the entire finance process to ensure convenience for your dealership and customers. We first collect basic information from the applicant, review their credit history, and determine which lender will offer the best rate and term. Once we receive the final approval from the lending institution we will fax your office an approval letter with the terms and conditions. If we need to negotiate the rate and term for your customer, we will do so to ensure they are getting the best loan rate and repayment terms available. You can confidently offer flexible and convenient finance options, tailored to each customer without the expense and hassle of maintaining an in-house lending department. Getting started with us is simple. Complete our enclosed dealer agreement and return by mail ,fax , or email and your customers will have immediate access to our lending services. Please contact us toll free at 1-866-900-8949 if you have any questions or visit our web site at southefinancial.com. We look forward to doing business with you and your dealership. Thank You, Tonya Bunch

Southeast Financial

912 Harpeth Valley PL * Nashville, TN 37221 * Phone: 866-900-8949 * Fax: 866-900-9298 Email: loans@southefinancial.com

BOAT, RV, & TRAILER

        PROGRAM

FAX APPLICATIONS TO   866‐900‐9298

NEW UNITS  PARTICIPATION = 0%, 1%, OR 2% OF AMOUNT FINANCED

AMOUNT   FINANCED NO PART 1% PART 2% PART MAX TERM

$5,000         ‐ $7,499 4.50 4.75 5.00             60 MONTHS

$7,500         ‐ $13,999 4.50 4.75 5.00           120 MONTHS

$14,000       ‐ $24,999 4.50 4.75 5.00 *120/144 MONTHS

$25,000       ‐ $74,999 4.50 4.75 5.00 *144/180 MONTHS

* TERM MAY VARY DEPENDING ON BANK.

USED UNITS (2004 OR NEWER) PARTICIPATION = 0%, 1%, OR 2% OF AMOUNT FINANCED

AMOUNT FINANCED NO PART 1% PART 2% PART  MAX TERM

$5000          ‐ $7,499 5.00 5.25 5.50             60 MONTHS

$7,500         ‐ $13,999 5.00 5.25 5.50           120 MONTHS

$14,000       ‐ $24,999 5.00 5.25 5.50 *120/144 MONTHS

$25,000       ‐    $74,999 5.00 5.25 5.50 *144/180 MONTHS

* TERM MAY VARY DEPENDING ON BANK.

GUIDELINES

SOUTHEAST FINANCIAL WILL FINANCE UNITS 2003 AND OLDER, BUT RATE AND TERM WILL VARY.

** RATES AND TERMS ARE BASED ON TIER A CREDIT (740 & ABOVE). 

THE ABOVE RATES AND TERMS ARE BEST CASE SCENARIO. NOT ALL CUSTOMERS WILL QUALIFY FOR THESE RATES

AND/OR TERMS. RATES AND TERMS ARE ALSO SUBJECT TO CHANGE DEPENDING ON WHICH BANK WE USE!!

APPROVALS ARE GOOD FOR 30 DAYS.

RATES AND TERMS ARE DETERMINED BY PRIMARY APPLICANTS CREDIT SCORE AND DEBT TO INCOME RATIO.

DOWN PAYMENT AMOUNT DEPENDS ON AMOUNT FINANCED AND CREDIT SCORE.

****ALL APPLICATIONS FOR NEW UNITS REQUIRE INVOICE AMOUNT TO BE LISTED ON APPLICATION.****

****COPY OF DRIVERS LICENSE REQUIRED FOR ALL BORROWERS.****

    TOLL‐FREE:  866‐900‐8949 912 HARPETH VALLEY PLACE

NASHVILLE, TN 37221

         FAX:  866‐900‐9298 WWW.SOUTHEFINANCIAL.COM

Ph: (877) 830-9911 Fax: (417) 732-9914 Dealer Name: _________________________________

This will advise you that your sales contract and buyers application for secured debt will be submitted to financial institutions and their affiliates, including some of the following

____________________________________________ for purchase and consideration as to whether you meet their credit requirements.

RDSCA12/2011

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Name (First, Middle, Last) Social Security Number DOB

Street Address City State Zip code How Long (Y/M) Phone

Own RentParents Other

Market Value Balance Owed Mo Pymts Mortgage Holder/Land Contract Holder/Landlord

Previous Address (if less than 2yrs.) City State Zip code How Long (Y/M)

Employer Occupation Office Tele. No. Gross Income /Monthly How Long (Y/M)

Previous Employer (if less than 2yrs) *Additional Income Source: Alimony, child support or separatemaintenance income need not be disclosed if you do not wish tohave it considered as a basis for paying this obligation.

*Source of Other Income *Gross Income (Mon.)

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Name (First, Middle, Last) Social Security Number DOB

Street Address (only complete if different from above) City State Zip code How Long (Y/M) Phone

Own RentParents Other

Market Value Balance Owed Mo Pymts Mortgage Holder/Land Contract Holder/Landlord

Previous Address (if less than 2yrs) City State Zip code How Long (Y/M)

Employer Occupation Office Tele. No. Gross Monthly Pay How Long (Y/M)

Previous Employer (if less than 2yrs) *Additional Income Source: Alimony, child support or separatemaintenance income need not be disclosed if you do not wish tohave it considered as a basis for paying this obligation.

*Source of Other Income *Gross Income (Mon.)

FAIR CREDIT REPORT ACT DISCLOSURE: This application for credit may be submitted by the Dealer to various financial institutions. Before this application is submitted, the Dealerwill disclose to me, the name and address of the institution(s) who will receive copies of this application.

You agree that we and any assignee of the financing contract or lease may monitor and record telephone calls regarding your account to assure the quality of our service or for otherreasons. You agree that we and our assignees may try to contact you in writing, by e-mail, or using prerecorded/artificial voice messages, text messages, and automatic telephonedialing systems, as the law allows. You also agree that we and our assignees may try to contact you in these and other ways at any address or telephone number you provide us, even ifthe telephone number is a cell phone number or the contact results in a charge to you. You (1) make the above representations, which are certified correct, for the purpose of securingcredit; (2) authorize us, affiliated entities, and financial institutions to whom we submit your application (hereinafter “Financial Institutions”) to obtain consumer credit reports and to gatheremployment history as necessary and appropriate to determine your creditworthiness; (3)understand that we or the Financial Institutions will retain this application whether or not it isapproved, and that it is your responsibility to update changes of name, address or employment.

We intend to apply for joint credit. Applicant Co-Applicant (initials only).By signing below, I certify that I have read and agree to the terms of this application including terms on page 2.

XApplicant Signature Date Best Daytime Phone Number

XCo-Applicant Signature Date Best Daytime Phone Number

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NEW USEDSelling Price

RV Motorhome (Mileage______________)T T Toy Hauler Pop- Up Camper 5th Wheel

BoatOutboard Inboard Other Taxes

Year Make ModelFees

RV/Boat/Other

Trade AllowanceMotor (s)

Trade PayoffTrailer

Cash DownTrade-In

Amount FinancedPayoff owed to:

Term Requested

Southeast Financial Loan Procedures:

• A credit application is faxed or emailed to Southeast Financial. Customers will need to complete a Southeast Credit application. The application can be completed by the dealer, faxed directly to the customer or submitted at www.southefinancial.com. Once the application is received, a loan officer will review the applicant’s credit history and determine which lending institute will offer the best rate and terms possible.

• Dealer is notified of the approval.

Once a credit decision is determined the dealer is notified by fax or email and we make a followup call for any questions. A decision notification will be sent with the term, rate, and request of any additional information needed to complete the loan. Some credit applications may require additional information to receive the best finance options. The dealer is responsible for discussing the finance options with the customer and retrieving any additional information.

• All parties agree on the finance/purchase agreement.

Once an agreement is made Southeast Financial will overnight (FedEx) or email the loan documents to your dealership or directly to the customer. All documents are noted and highlighted to make the signing as easy as possible. Once the documents are signed they will need to be returned to Southeast Financial. We do need the original documents with original signatures for funding.

• Documents are returned to Southeast Financial for processing.

Once Southeast receives all signed loan papers and any additional requested documentation, the papers are processed and funds are issued within 48-72 hours. The dealer is responsible for recording the correct lien holder within 30 days and providing Southeast with a copy of the registration.

Add additional profit to each deal:

Offer your customer our extended service contract. We can include the payment with the extended service contract on your approval.

Insurance:

We provide the coverage your customer will need:

We have partnered with a nationally known insurance group, to offer you a special endorsement to protect your customer’s Recreational unit.

We provide your customer’s with competitive rates and take care of all the paperwork so you can focus on selling your product.

 

 

Southeast Financial Benefits:

Quick and easy process for the dealership and customer

All documents can be emailed directly to you. You can have your customer financed, the loan closed, and your customer can take possession of their new unit all within the same day.

Prompt approval time.

Dealers are paid a participation incentive.

Low fixed rates and extended terms create a low monthly payment.

Loan programs starting at $5,000.

Simple interest loans with no prepayment penalty.

Offer extended warranties and insurance.

Dealer Agreement Package Instructions Please find the following documents enclosed for your review and completion. Bolded and * documents need to be completed and returned for participation payment.

1. Dealer Application* 2. Dealer Agreement*

Return completed documents to: Southeast Financial 912 Harpeth Valley Place Nashville, TN 37221 Additional Instructions: Dealer Agreement:

1) If you have any comments or questions regarding any of the terms or conditions of the Agreement, please contact us.

2) When you are ready to execute the Dealer Agreement, please print the full name of dealership, including any names with which Dealer is doing business as, “dba”. After signing the Dealer Agreement, each signer must print his/her name and title. The address and fax number for the dealership should also be provided. Please contact us with questions regarding appropriate signers based on the type of ownership, i.e. Corporations, Partnerships, and Limited Liability Companies, Registered Limited Liability Partnership, and Sole Proprietorship.

Automatic Credit/Payment Authorization Agreement:

1) This form will authorize us to credit the dealership’s bank account for any required compensation. This arrangement can avoid funding delays associated with mailing checks. Please note that a voided check on the account to be credited must be returned with this Agreement.

2) Complete dealership and depository institution information and print or type the name of the authorized officer, member, partner, or owner of the dealership and have named individual sign and date in the space provided next to his/her name.

MASTER NON-RECOURSE DEALER INSTALLMENT SALE-CONTRACT

AGREEMENT RECREATIONAL VEHICLE.

Dealer Agreement

This AGREEMENT and all related addenda (collectively the “Agreement”) are between The Ryleigh Group Inc DBA Southeast Financial and ______________________________________ (dealer) and are effective as of ___________, _______ (date). “Dealer”, “you” or “your” means dealer. “We” or “us” means The Ryleigh Group Inc DBA Southeast Financial as defined herein. Dealer is in the business of selling new and used motor vehicles, boats, various types of trailers, including new and used horse, livestock, and utility trailers and other related products (“Units”), and Dealer may desire to arrange for and obtain financing for the sale of its products. This agreement sets forth the terms and conditions under which we act as a financial liaison to you and to assist you in the completion of all appropriate loan documents and the placement and processing of your customers financing for the purchase of your unit) s) through various lending sources known to us. In consideration of the mutual promise and agreement contained herein, we and dealer agree as follows:

1. Documentation. We, in cooperation with Financial Institute, shall provide you with all necessary documents we or Financial Institute shall deem necessary in order: (1) To provide loans to your customer for the purchase of a unit(s) from you; (2) We administer completion of all loan documents necessary for the customer. You shall provide any and all documents to us or Financial Institute as requested in order to complete your customer’s loan.

2. Approval. Financial Institute shall be fully responsible for the evaluation and approval of credit applications received from your customers. All credit applications are subject to approval through Financial Institute.

3. Compensation. Your compensation will be established and confirmed in writing according to the Agreement, Attached Schedule A, and any other, provisions and changes, mutually accepted by us and Dealer in signed written agreement(s).

4. Charge backs. If a loan, for which we have paid a Dealer referral fee, is paid off in full by a consumer within twelve (12) months of the loan contract date, Dealer will be invoiced the full amount of the Dealer referral fee paid. If a loan, for which we have paid a Dealer referral fee, is repossessed or charged off within 24 months of the loan date, Dealer will be invoiced the full amount of the Dealer referral fee paid.

5. Representation, Warranties and Covenants. Dealer hereby represents, warrants and covenants with respect to each customer application submitted to Southeast Financial that;

a) The execution of the agreement has been authorized by all necessary corporate, partnership, or other action and does not breach any legal restrictions on Dealer.

b) The Dealer provided us all information received from customer relative to the credit application and Unit and that the application completed by your customer is, to the best of your knowledge, true and accurate. Dealer knows of no fact or circumstance which might impair

the validity of the credit application. Dealer understands and acknowledges that all applicants to Southeast Financial must be US citizens. Southeast Financial does not offer financing to non-US citizens. It is the dealer’s responsibility to confirm that the customer is a US citizen prior to submitting an application.

c) Dealer is responsible to verify the identity of all applicants prior to submitting them to Southeast Financial for consideration. Dealer should review applicants Driver’s License or other form of photo ID and make a copy for the file prior to submitting an application.

Authorized Dealer Representative Initials; ________________

d) Dealer and customer are entering a valid, legal, and binding obligation, enforceable against the customer and/or Dealer in accordance with the stated terms of the transaction between the Dealer and customer as evidenced by each signature on the application, purchase agreement, and all other documents.

e) The unit described in the Contract and all optional equipment, goods, and services agreed and accepted by Dealer and customer, and the title to the Unit are in good condition, free of defects, and has never been branded including, without limitations, salvage, rebuilt, manufacturer’s buy-back, junk, or otherwise subject to any laws regarding the same;

f) The down payment was paid in full, in cash equivalent, from the customer before Financial Institute accepts the loan commitment or in trade equity; no part was loaned directly or indirectly by Dealer or any other person or entity; and Dealer properly handled and disposed of any down payment of trade-in proceeds thereof as agreed with customer, but no part was paid or rebated to customer;

Authorized Dealer Representative Initials; ________________

f) Dealer had title, in Dealers name, with the right and authority to sell Unit. Unit shall be free of all security interests, liens, charges, and other circumstances except such lien as created in the financing of the Unit;

g) The cash price of the Unit shown on the Contract if the “cash price’ as defined by applicable federal and state law: the purchase of the vehicle is the price charged by the Dealer for substantially similar vehicles in cash transactions and the customer was not quoted a higher cash price for the Unit based on Unit payment method;

h) All types of insurance, warranty, service contracts, gap waivers or other products provided or arranged by Dealer comply with relevant laws and regulations and Dealer and its employees have required licenses;

i) Dealer has complied with: Truth in Lending Act, Equal Credit Opportunity Act, Fair Credit Reporting Act, all Federal Trade Commission Rules, and any other related federal and state laws, rules, and regulations;

j) In accordance with our requirements, customer insures Unit on Unit delivery date;

k) Dealer shall comply with all regulations applicable to the purchase, sale and financing of each unit and the obligations of Dealer under this agreement.

l) Dealer acknowledges and agrees that though they may receive a written or verbal credit approval, or loan documents for their customers to sign from Southeast Financial that the loan will not be considered or deemed completed until the following steps are completed.

1. Southeast Financial has received the original signed documents and thoroughly reviewed them.

2. Submitted the signed documents to the lender for review and final approval.

3. Dealer receives loan proceeds m) Should dealer decide to release a unit to the customer prior to

receiving the loan proceeds or funds from Southeast Financial they are doing so at their own risk, knowing upfront that the loan is not complete until they have received their funds.

Authorized Dealer Representative Initials; ________________

n) Dealer will make trade payoff (if applicable) to the appropriate lien holder. Within 5 days of receiving funds, in accordance with the valid, legal, and binding purchase agreement or sales order.

o) Dealer will provide acceptable proof that proper lien placement has occurred within 25 days of completed and signed contract.

p) We reserve the right to contact customers directly to verify information and confirm financing details.

6. Additional Dealer Obligations. During all times in which this Agreement is in effect, Dealer agrees as follows:

a) Dealer is properly organized, validly existing, appropriately registered

and in good standing under the laws of its state; Dealer has and shall maintain in full force all necessary Dealer License, finance registrations, permits and any other required registrations and/or authorizations to conduct the activities in this Agreement;

b) Dealer and each applicable Dealer employee have and will maintain all licenses, permits, and other operation authorizations required by law. Dealer shall retain all records required by and for the periods required by applicable law.

c) Upon request Dealer shall provide any pertinent data relating to any extending insurance products.

d) Dealer will not issue any external communication or advertising in any way pertaining to us or the subject matter of this agreement without proper consent.

e) Dealer will promptly direct to the proper authorities all federal, state and local fees and taxes due in connection with the sale and/or registration of each unit.

f) We must be notified within fifteen (15) days of any changes of ownership, structure or business of Dealer.

g) Dealer agrees that it will act as mediator to resolve any customer disputes concerning goods, services, contracts, or other products sold, financed, or discussed in connection with Unit purchase and loan facilitation.

h) Dealer acknowledges and understands the obligation to comply with the provisions of the USA PATRIOT ACT of 2001, the requirements of filing Suspicious Activity Reports and establishing a Customer Identification Program. Dealer agrees to report activity to appropriate

agencies, which may include detected or attempted fraud and identity theft.

7. Independent Contractor. Dealer agrees that Dealer (I) is not a partner, joint

venture, legal representative, or agent of ours whatsoever, (II) is an independent contractor and Dealer shall at all times take whatever measures are necessary to insure that its status shall be that of an independent contractor, and (III) has no authority to assume or create any obligations on behalf or in our name, and Dealer shall not hold itself as having authority to act for us.

8. Indemnification. Dealer agrees to indemnify and hold us harmless from and against all actions, claims, losses, liabilities, costs, expenses, obligations and damages we incur as a result of: (a) Any representation, warranty agreement, obligation or covenant contained in the Agreement is breached or inaccurate; (b) Dealer fails to perform or keep any of its obligations under this Agreement.

Authorized Dealer Representative Initials:___________________

9. Governing Law/Severability. This Agreement is governed by the laws of the State of TN, without giving effect to its conflicts of law principals. Any provision of the Agreement that may be prohibited by law of unenforceable shall be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining Agreement provisions.

10. Privacy Policy. Information regarding our operations, our financial sources, or information pertaining to customers shall be confidential and remain undisclosed unless required by law.

11. Right to Offset. Dealer agrees that, without demand, we have the ongoing right to deduct from any funds or other amounts due Dealer and all amounts Dealer owes us, including without limitations, any repurchase per charge back amounts, refunds of other products, overpayments, or other amounts or any obligations of Dealer pursuant to this Agreement.

12. Notice of Claims and Other Communications. We and Dealer shall notify the other and forward a copy of every demand, notice, summons, or other process received in connection with any Unit purchased with the proceeds of a loan from Financial Institute in connection with us. All notices required or permitted under this Agreement shall be in writing and will be deemed given when sent by regular mail, or when delivered or transmitted to the address or facsimile number set forth in the agreement

13. Remedies. The remedies under this Agreement are cumulative, and are in addition to any remedies provided by law or equity. No course of dealing or any delay or failure on our part in exercising any rights under this Agreement shall operate as a waiver of any of our rights.

14. Successors and Assignments. This agreement shall be binding upon the respective successors, legal representatives, and assigns of the parties. However, Dealer shall not assign the rights and obligations of Dealer under this Agreement without our prior written consent. Any obligation of ours or any function to be performed by us, under this agreement may, at our sole option, be delegated to and performed by an agent, subsidiary, or our affiliate.

15. Termination. Either party may terminate this Agreement with written notice to the other party, to be effective immediately; Dealer shall not be released from any obligations, responsibilities, or liabilities of this Agreement. Upon termination, Dealer shall be required to return to us all forms and materials provided by us.

16. Entire Agreement. The term “Agreement” means this Dealer Agreement, supplements or amendments, and any written, guidelines, notices, letters and other communications provided by us. The terms of this Agreement shall

not be waived, modified, amended or supplemented except in writing signed by our authorized representative. The Agreement constitutes the entire agreement between Dealer and us with respect to the subject matter herein and supersedes any prior agreement, oral or written, with respect to the subject matter herein.

Authorized Dealer Representative Initials:___________________ IN WITNESS HEREOF, the parties hereto have caused the Agreement to be executed by their duly authorized officers as of the day and year first above written. Dealer acknowledges that we may conduct a credit review of Dealer and in connection with such review, authorizes purchaser to contact any third party, including without limitation, banking and flooring references, if necessary. The below signatory on behalf of Dealer warrants and represents that he/she has the authority to execute Agreement as of the day and year written below. __________________________ The Ryleigh Group Inc DBA Southeast Financial (Legal Dealer Name and DBA) Financial Services 912 Harpeth Valley Place Address:___________________ Nashville, TN 37221 Attn: ___________________ By:________________________ ___________________________ (Please Print Name) Date:______________________

Tonya Bunch

EASY FUND AUTHORIZATION AGREEMENT

(ACH) DATE:___________________________ Dealer Name:_________________________________________________________________ Dealer Address:_______________________________________________________________

PLEASE PROVIDE A VOIDED CHECK ON THE ACCOUNT TO BE CREDITED

Authorization Agreement

I hereby authorize The Ryleigh Group Inc Inc. DBA Southeast Financial to initiate automatic deposits to my account at the financial institution named below. I also authorize The Ryleigh Group Inc. DBA Southeast Financial to make withdrawals from this account in the event that a credit entry is made in error.

Further, I agree not to hold The Ryleigh Group Inc. DBA Southeast Financial responsible for any delay or loss of funds due to incorrect or incomplete information supplied by me or by my financial institution or due to an error on the part of my financial institution in depositing funds to my account.

This agreement will remain in effect until The Ryleigh Group Inc. DBA Southeast Financial receives a written notice of cancellation from me or my financial institution, or until I submit a new direct deposit form .

Account Information

Name of Financial Institution: Routing Number(ACH): Dealer Account Number:

Checking

Savings

Bank Phone Number:____________________ Name on Account:______________________

Signature

Authorized Signature (Primary): Date:

Authorized Signature (Joint): Date:

Please attach a voided check or deposit slip and return this form Dealer Compensation Procedure:

Payment by The Ryleigh Group Inc. DBA Southeast Financial may be made by ACH or check

Dealers wishing Check to be sent overnight may include their overnight providers Account number or the cost of shipping will be deducted from the amount owed to dealer.

Overnight Provider:__________________________________________________________ Overnight Providers Account Number:_______________________________________

Explanation of Benefits (A)

Southeast will be performing retail financing for this company. Our responsibilities are to review the credit file of the particular buyer and decide which lending company to send the credit application. We will negotiate for approvals and the best interest rate and terms available. We will communicate credit decisions to the dealer. Southeast will prepare all required loan documents and FedEx them to the dealer. After the customer has signed all paper work, the documents will be mailed back to us for funding. The funding process takes 3-5 business days by mail and less by email. When the loan has been funded a cashier’s check made out to the dealer will be sent overnight. We also have the option for an ACH Direct Deposit transfer. If your dealership prefers to have the funds directly deposited into a bank account, please provide us with the banking information. Southeast Financial Services gets paid only on deals that get approved, closed and funded. We work for a commission of profit generated from the financing of your product. Southeast will pay you 2% of the amount financed with Full Participation and 1% of the amount financed for 50% Participation. Southeast has experienced approval ratios as high as 80% for some dealerships. The dealer is responsible for titling the unit and listing the lien holder within 30 days of the closing. You are not obligated to continue business with us if you are not satisfied with our performance. Dealer Program Levels are based on qualifications describe below. 1. Subject to the terms and conditions of this Dealer Agreement. We shall pay to Dealer 2% of the Financed Amount of the loan funded when the Full Participation option is used and 1% when the 50% Participation option is used. The payment will be paid to the dealer at the time of funding. 2. If a loan, for which we have paid Dealer Participation, is paid off in full by a consumer within twelve(12) months of the loan contract date, Dealer will be invoiced the full amount of the Dealer Participation paid.

Quick Reference Information Attn: Tonya Bunch

Years in Business: __________________________________________________________________ Contact Person: _____________________________________________________________________ Phone, Fax & Email: ________________________________________________________________ Lenders you are currently using: ___________________________________________________ Estimated inventory in stock: ______________________________________________________ Name of insurance carrier for you open-lot coverage:______________________________ Lines you currently sell: ____________________________________________________________

This letter is to confirm that Southeast Financial will be the service provider for __________________________________. (dealer name) All correspondence should be directed to them. Please use the following information: Southeast Financial 912 Harpeth Valley Place Nashville, TN 37221 866-900-8949 – phone 866-900-9298 – fax loans@southefinancial.com – email Thank You, __________________________________________ (dealer name) __________________________________________ (dealer signature) __________________________________________ (dealer printed name)

I give my permission for Southeast Financial to debit my bank account for their participation in the event that the bank funds me directly. I also give Southeast Financial my permission to debit my bank account for any participation or dealer reserve that may need to be reclaimed due to early payoff, repossession or fraud. I understand that I will be sent notice of the amounts prior to any funds being debited. No funds will be debited until I have been funded in full by the bank.

____________________________________________________________ (dealer name)

____________________________________________________________ (dealer signature)

_____________________________________________________________ (dealer printed name)

_____________________________________________________________ (date)

DEALER AGREEMENT Boulevard Bank

9800 Manchester Rd. Suites A & B St. Louis, MO 63119

This agreement is entered into by and between _______________________________ __________________(the “Dealer”) and Boulevard Bank (the “Bank”). Under the Bank’s indirect dealer program, Dealer may offer to sell to the Bank certain installment contracts (herein “Contracts”) originated by Dealer, pursuant to the terms and conditions of this agreement. It is understood that this agreement is not a commitment by either party to sell or purchase any such Contracts. The Bank reserves the right to decline to purchase any Contract, in the Bank’s sole and absolute discretion. The sale of any Contracts sold by Dealer and purchased by Bank shall be governed by and subject to the terms and conditions of this agreement.

A) All Contracts offered to the Bank by Dealer shall consist solely of retail installment obligations and/or installment notes in a form acceptable to the Bank. Contracts purchased from Dealer will be assigned to the Bank without recourse, except as provided herein.

B) Dealer agrees to furnish the Bank with its current financial statements and to

update such financial statements immediately in the event of any material change in its financial condition and at any other time upon the Bank’s request.

C) Dealer hereby makes the following representations, agreements and

warranties with respect to each Contract which the Bank purchases from Dealer:

1) Each Contract shall contain a complete and correct description of the item(s)

sold and the collateral for the loan made; 2) Any down payment made was made in actual cash or trade-in allowance, or

both; and that no note, loan, postdated check or other form of deferred obligation was taken in connection with such down payment;

3) The underlying Contract between the purchaser(s) and the Dealer is free from fraud, mistake or duress of any kind, and said transaction and the performance thereof comply with the laws of the city, county, and state where formed, and with all applicable regulations, rulings, proclamations, and statues of the federal government and all other governmental bodies having jurisdiction thereof;

4) Unless the Bank shall be apprised thereof in writing, the purchaser(s) is not an employee of the Dealer or a member of the household of an employee;

5) There are no defenses existing or accruing against the Contract by any party thereto including but not limited to infancy or incapacity of a party to the Contract nor are there any defenses now existing by any party in any insolvency proceeding or illegality of any kind;

6) If any payments are made to Dealer on any Contract sold to the Bank, the Dealer will promptly deliver the same to the Bank. If any property described in any Contract sold to the Bank by Dealer shall come into the possession of the Dealer while purchaser is indebted to the Bank, Dealer shall promptly notify the Bank and shall deliver the same to the Bank on demand;

7) a) Dealer is a Corporation in good standing and licensed to do business in the State of _____________________; b) Any information supplied to the Bank concerning the prospective borrower, collateral, disclosures in the Contract, credit application, or other forms or documents is in all respects factual, complete, and accurate to the best of Dealer’s knowledge; c) Ownership of the property described in the Contract is vested in Dealer at the time of sale to the borrower, and shall vest in the borrower at the time of sale of the Contract to the Bank, and that the title is not subject to any security interest, lien, trust receipt, or other encumbrance other than the Bank’s first lien; d) Dealer is sole and unconditional owner of each Contract, has the right to sell same to the Bank and that the same shall be and is property of the Bank pursuant to the documents delivered to it; e) Each Contract arose from the bona-fide sale of the property described in sale Contract; f) The property has actually been delivered into the possession of and has been accepted by purchaser(s) thereof; g) The property which is collateral for the contract is fully and correctly described in said Contract; h) The purchaser(s) has no defense, set-offs or counter-claim in connection with said Contract or the property described therein; i) All Contracts purchased by the Bank hereunder will comply with and be valid under the laws and regulations of all governmental units and agencies, including all applicable consumer credit, usury, truth in lending, and any other consumer disclosure laws; j) Each of the foregoing representations and warranties are and shall be true from the time any Contract is submitted to the Bank for consideration and until any Contract purchased is paid to the Bank in full.

Regardless of the other terms in this or any other agreement between Dealer and the Bank, if at any time there is a breach of any representation, agreement or warranty made by Dealer to the Bank as set forth in this or any other agreement with the Bank or if at any time the borrower on any Contract should assert a claim or defense against the Bank or if the borrower should legally rescind any Contract, Dealer shall immediately, upon request of the Bank, repurchase the involved Contract from the Bank for the amount of the balance then due thereunder together with any and all accrued interest, late charges and any other charges due the Bank on said Contract or under this agreement. In addition, Dealer shall indemnify and hold the Bank harmless from any loss, damages, or expenses that may be incurred by the Bank by reason of said breach, claim, defense or rescission, including all attorney’s fees and expenses incurred by the Bank relating in any way thereto.

Dealer unconditionally guarantees payment of any Contract where any representation, agreement or warranty hereunder is untrue or breached or if Dealer furnished the Bank with incomplete or inaccurate information.

D) In addition to any other information which the Bank may request when considering or purchasing a Contract, Dealer shall provide the Bank with each of the following in form acceptable to the Bank, before any purchase transaction is deemed completed: a) Retail Installment Loan Contract dated and signed by the purchaser(s)/ borrower(s); b) Written assignment of said Contract in a form acceptable to the Bank and sufficient in law to convey all Dealer’s interest therein to the Bank; c) Credit application fully and properly completed, dated, and signed by the borrower(s); d) Collateral title(s) properly endorsed and signed, evidencing the purchaser/borrower as debtor and Bank as secured party or assignee; e) Completed proof of insurance forms signed by purchaser/borrower and Dealer; f) Copy of invoice on new equipment.

E) Any fee or bonus paid to Dealer upon purchase of a Contract by the Bank

shall be repaid to the Bank in the event that the Contract is paid off or prepaid within 180 days (on 2% & 3% fee loans) 360 days (on 4% & 5% fee loans) or the Contract is otherwise written off or collateral is repossessed by the Bank within 18 months of the date the Contract was sold to the Bank.

F) For reasons of convenience and in order to expedite the handling of same, the

dealership authorizes the Bank or any of your designated employees or agents to sign and endorse our Dealer’s name upon any checks, drafts, or money orders that may come into your possession in connection with any Contracts purchased or acquired by the Bank that are in payment of a Contract and made payable to the Bank. The Bank or its employees or agents may, as Dealer’s attorney-in-fact, properly execute or sign Dealer’s name on any assignment or conveyance of any Contract purchased by the Bank on which Dealer has failed to execute an assignment or conveyance.

G) This agreement is in lieu of all contracts, assignments, or undertakings,

either oral or written, heretofore or now existing between the parties hereto and neither party shall be bound by anything not expressed herein, and no provision contained in this agreement shall be modified or altered except with the Bank’s written approval. This agreement shall also be binding upon inure to the benefit of respective heirs, executors, administrators, successors, and assigns.

H) Terms and Conditions of this agreement are subject to change by the Bank at

any time. The Bank will give the Dealer prior notice before affecting any change.

I) This agreement shall apply to all Contracts purchased by the Bank from

Dealer on and after the date hereof and until this agreement is terminated in writing.

J) This agreement may be terminated by either of the parties at any time by providing written notice to the other, provided however, that such termination shall not affect the rights of the parties hereunder with respect to any Contracts acquired by the Bank prior to receipt of notice of termination.

K) Dealer agrees to pay all costs and expenses incurred by the Bank, including

Attorney’s fees and expenses, in enforcing any of the provisions of this agreement. Dealer agrees that in the event of a dispute as to any matter covered by this agreement, that such dispute shall be determined by the courts sitting in St. Louis County Missouri and Dealer consents to jurisdiction and venue in such court. This agreement shall be governed and construed by the laws of the State of Missouri.

L) Dealer agrees to notify Bank on a monthly basis; of all deals that were not placed with a lender in which Bank made a counter offer.

M) Dealer agrees to inform the consumer/applicant of the Bank’s name and

address. IN WITNESS WHEREOFF the foregoing AGREEMENT is hereby executed and sealed by us this ____________ day of _____________, 2________. Dealer Business Name_______________________________ Business Address___________________________________ ___________________________________ Signed By: _______________________________________ Title Taxpayer ID Information: Corporate Federal ID #____________________ Date Accepted by Boulevard Bank: _______________________ Accepted By: _____________________________ Title

DEALER INFORMATION FORM Phone: 866-900-8949 Fax: 866-900-9298 Date:___________

BUSINESS CONTACT INFORMATION

Legal Business Name:

Doing Business As:

Phone: Fax: E-mail & Web Add.:

Registered company address:

City: State: ZIP Code:

Date business commenced:

Sole proprietorship: Partnership: Corporation: Other:

BUSINESS INFORMATION

Other Dealership Locations:

Federal Tax ID #: Dealer/Retail License #:

Principals & their Socials:

Finance Manager: Sales Man: Accounting Manager:

Primary Contact and Phone #:

Doc Fee Charged: Title Fee: Sales Tax Rate: License Fee:

Manufacturers Represented /Types of Units Available

Estimated Retail Sales Amount per year:

Estimated Financed Amount per year:

Average # units sold per year: Average floored Inv:

Flooring Source Contact & Phone Number Product on Floor Plan

Business Reference

Names and Contact Info:

Financial Institutes :Lending Institutes Currently Used:

Service Contract Company: Insurance Company:

AGREEMENT

I hereby authorize our financial institute’s credit information to Ryleigh Group DBA Southeast Financial and further authorize Southeast Financial to obtain other credit information including bureau reports for individuals responsible for the business debt.

SIGNATURES

Title: Date:

Title: Date:

 

 

Dealer Application and Documentation Checklist

o Master indirect financing recreational vehicle dealer agreement o Service provider agreement o Easy fund authorization agreement ( copy of voided check to verify the account and

routing number – deposit slip not acceptable) o Permission to debit account form o Explanation of benefits o Dealer Information Form o Copy of driver’s license for all approved signers

A corporate officer must sign No strikeouts

Fax completed work to:

Southeast Financial 866-900-9298

Or email: loans@southefinancial.com