United Financial Services Boat Application

BOAT LOAN APPLICATION FORM - PART A

Welcome to the United Financial Services (UFS) Boat Application Form.

In order for us to process your application promptly, please complete this agreement and ensure that all sections marked with * are completed.

Do you reside in
(Please check one)?: *

New South Wales
Victoria
Another State or Territory

Please select the number of applicants for this loan: *

1. UNITED FINANCIAL SERVICES APPOINTMENT AGREEMENT
As of 1 August 2004, this agreement must be completed and accepted before your application can be processed.

Dealer/ Introducer: Direct (“the referrer”)

OFFER

Applicant 1		(“the client”)
To:	Title*
	Given Names*
	Surname*
of	Address*
	Postcode*
	Suburb*
	State*


Applicant 2 (if applicable)
To:	Title*	(“the client”)
	Given Names*
	Surname*
of	Address*
	Postcode*
	Suburb*
	State*

From:	United Financial Services Pty Ltd ABN 77 072 442 445 (“UFS”)
of	Suite 2, Level 10, Rhodes Waterside Shopping Centre,1 Rider Boulevard, Rhodes Waterside NSW 2138

UFS offers to act as the authorised agent of the client to negotiate and secure consumer credit (and associated insurance) on the terms and conditions set out below.

Acknowledgment
The parties acknowledge that at the time this offer is made that UFS cannot ascertain with which, if any, of the credit providers finance can be secured and that the credit terms , commission and financial and other benefits in relation to the consumer credit finally secured may vary from the terms stated in this agreement. Refer Clause B below

Credit Terms

Amount of credit up to *

(please enter)

Term *-

months

(please select)

Repayment Arrangement

(i) How much are you willing to pay per month *

(please enter)

(ii) Interest Rate *

up to

(please enter)

(iii) Is a Balloon Amount required?

Yes

Credit to be secured by (allow at least one
(1) business day - default is 30 days.) *

(please check)

Other
(e.g insurance premium/s
how much do you estimate?)

For your reference

Indicative monthly payment is:

B. Variations

Any variation to the Terms and Conditions of this agreement must be made in writing and signed by the parties and a copy provided to the client before the client proceeds to enter into any credit contract.

C. Commission

1.	The client may pay to UFS commission to a maximum of eight hundred dollars plus GST (Goods and Services Tax), as consideration for the expenses incurred and time spent in organising and processing the loan and /or associated insurance.
2.	If the client proceeds to enter into a credit contract with the credit provider with whom the consumer credit is secured, the commission is payable by disbursement on the credit contract or other method as approved by UFS.
3.	No commission is payable if the client does not proceed to enter into a credit contract with the credit provider with whom consumer credit is secured

D. Financial and other benefits to be received by UFS and others

(Amounts referred to in this section are not payable by the client)

1.	If the application proceeds to settlement:
	a)	UFS may earn a financial or other benefit of between zero and sixteen and one half percent (plus GST) of the amount borrowed by you from the financier with whom the consumer credit is finally secured and in respect of this benefit makes the further undertaking contained in Section F below.
	b)	The referrer named above may receive a fee of one hundred dollars for referring the client to UFS.

2.	When the client application is referred to UFS the natural person the client will deal with is an employee or contractor of UFS who is authorised to enter into this agreement on behalf of UFS.
	a)	UFS employees receive a salary and may receive incentive or performance outcome bonuses.
	b)	UFS contractors receive a fixed portion of the commission payable by the client to UFS and may receive an incentive or performance outcome bonus.

Employees and contractors receive no other benefits in respect of this contract or have any personal arrangements relevant to this contract with credit providers.

E. Credit Providers

UFS have arrangements to introduce credit applications to the Credit Providers listed below and subject to the client meeting their lending criteria UFS can obtain consumer credit for the client:-

GE	ST GEORGE	ORIX
ESANDA	Liberty Funding
Daimler Chrysler	Capital Finance
Automotive Financial Services	NAB

These credit providers do not represent all lenders who offer the type of credit sought by the client.

F. Undertaking by UFS

1	UFS undertakes that, after recommending a particular consumer credit product to the client and before the client enters into any credit contract with the credit provider to disclose:
	(i)	the amount of the financial or other benefit that UFS will receive from the credit provider; and
	(ii)	whether or not UFS can determine or recommend conditions of the credit contract and, if so, the effect of any such condition on the amount that UFS will receive from the credit provider; and
	(iii)	the amount of any financial or other benefit that a person other than UFS will receive from the credit provider if that financial or other benefit could reasonably be expected to influence UFS’s recommendation; and
	(iv)	any interests or relationships of UFS that could reasonably be expected to influence UFS’s recommendation.

G. Definitions

The parties agree that words used in this agreement will have the same meanings as defined in the Consumer Credit Administration Act 1995 by virtue of the Consumer Credit Administration Amendment (Finance Brokers) Act 2003.

H. Commencement

This agreement will commence on the date it is signed by the client and will remain in force until terminated in accordance with Section I.

I. Termination

Either party may terminate this agreement with immediate effect by giving notice to the other party.

UNITED FINANCIAL SERVICES DOCUMENT OF APPOINTMENT S37J CONSUMER CREDIT (VICTORIA) ACT 1995
This document must be completed before your application can be processed.

Applicant 1		(“the client”)
	Title*
	Given Names*
	Surname*
of	Address*
	Postcode*
	Suburb*
	State*


Applicant 2 (if applicable)
	Title*	(“the client”)
	Given Names*
	Surname*
of	Address*
	Postcode*
	Suburb*
	State*

hereby appoints

	United Financial Services Pty Ltd ABN 77 072 442 445 (“UFS”)
of	Suite 2, Level 10, Rhodes Waterside Shopping Centre,1 Rider Boulevard, Rhodes Waterside NSW 2138

As the authorised agent of the client to negotiate and secure consumer credit (and associated insurance) on the terms and conditions set out below.

Acknowledgment
The parties acknowledge that at the time of this appointment UNITED FINANCIAL SERVICES cannot ascertain with which, if any, of the credit providers consumer credit can be secured and that the credit terms, fees, commission and financial and other benefits in relation to the consumer credit finally secured may be varied in accordance with section 37J (2) Consumer Credit (Victoria) Act 1995.

TERMS AND CONDITIONS
Credit Terms

1.	Maximum Amount of Credit to be negotiated *	$			(please enter)
2.	Term *			months	(please select)
3.	Maximum Annual Percentage Rate *			%	(please enter)
4.	Maximum Amount of Credit Application Fees	$	NIL
5.	Maximum Amount of Valuation Fees	$	NIL

Variations
Variations to the Terms and Conditions of this appointment are to be documented on the UFS Document of Appointment – Variation Form.

Fee
The client accepts that, if approval of consumer credit on the credit terms specified above or reasonably comparable to those terms is obtained on the client’s behalf, UFS may charge a fee of up to eight hundred and eighty dollars inclusive of GST (Goods and Services Tax), as consideration for the expenses incurred and time spent in organising and processing the consumer credit contract and /or associated insurance.

(It is UFS policy not to charge any fee if the client does not proceed to enter into a credit contract with the credit provider with whom consumer credit is secured)

Amounts of Commission payable to the Broker by anyone other that the consumer
(Amounts referred to in this section are not paid by the client)

UFS may receive a financial or other benefit which, inclusive of soft commissions, ranges between zero and sixteen and one half percent( plus GST) of the maximum amount of credit finally secured. The exact amount is not ascertainable at this time. UFS undertakes that, after recommending a particular consumer credit product to the client and before the client enters into any credit contract with the credit provider, to disclose the amount of the financial or other benefit that UFS will receive from the credit provider, if ascertainable.

(NOTE : Fees and charges depend on who provides the client with the credit and will be disclosed before the client enters into any credit contract with the credit provider).

Definitions
The parties agree that words used in this appointment will have the same meanings as defined in the Consumer Credit (Victoria) Act 1995.

Duration of the appointment
This appointment will take effect on the date it is signed by the client and will remain in force until terminated by the client or when consumer credit is obtained on behalf of the client or the client is advised that UFS is unable to arrange the consumer credit applied for.

1. United Financial Services Document of Appointment Agreement Declaration
First Applicant -	Second Applicant -
I understand that by clicking on the box marked signature that I am both indicating my agreement to this method to execute an electronic version of the United Financial Services Document of Appointment Agreement and signing the Agreement. I acknowledge and understand that by doing so I am legally bound to the same degree as if I was manually signing a copy of the Agreement.	I understand that by clicking on the box marked signature that I am both indicating my agreement to this method to execute an electronic version of the United Financial Services Document of Appointment Agreement and signing the Agreement. I acknowledge and understand that by doing so I am legally bound to the same degree as if I was manually signing a copy of the Agreement.
Signature	Signature
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