Credit Application

FORM 1

This is FORM 1 of 2. Please complete and submit FORM 2 (Application Terms & Services) after submission of this form.

MINIMUM REQUIREMENTS
The minimum requirements for establishing an account with TEN Canada are as follows:

  • The applicant must be registered entity in good standing with Business Registry in the province of operation
  • The application must be signed by the Director or party authorized to legally bind the corporation into contract
  • The applicant must have a physical yard location for storage of trailers
  • The applicant must provide evidence of a banking relationship
  • The applicant must have the ability to provide references as evidence of existing or prior credit relationships with other creditors

For more information regarding these requirements or any other credit application-related inquiries, please call our corporate credit department at 855-327-9757 or email [email protected].

Please allow up to 2 business days for credit application processing

  • Save and resume application link at bottom of form
Complete it and email it to [email protected]

General Business Details

This address is same as my billing address
Yard Address
Is location?
Has this company or its Directors or predecessor Company(s) ever been in Receivership, Bankruptcy or CCAA filings
Do you require purchase orders
Corporation, Partnership, LLP, etc.

Ownership Details

Address
Address

Credit Information

Two Major Customers

Trade Reference – Please list 2 of your major trade references

Do you factor any receivables?

Banking Information (optional)

Branch Address

Insurance (optional)

INSURANCE REQUIREMENTS & COI INSTRUCTIONS

Before equipment can be released, TEN Canada Ltd. must receive a valid Certificate of Insurance that meets the requirements below. Coverage must be for full term (greater than 30 days), not short-term (less than 30 days), and the certificate must be valid for a minimum of 6 months at the time of the account request to be accepted. Please share this information with your broker.

QUICK CHECKLIST

Please verify that your certificate includes:

  • TEN Canada Ltd. listed as the certificate holder
  • TEN Canada Ltd. added as Additional Insured on CGL
  • Semi-trailers specifically mentioned
  • Coverage for the full term, not short-term
  • Certificate valid for at least 6 months
  • 30 days' written notice before lapse or cancellation

REQUIRED COVERAGES

  • COMMERCIAL GENERAL LIABILITY: Minimum limit of $2 million or more, per occurrence. TEN Canada Ltd. must be added as Additional Insured.
  • NON-OWNED AUTO LIABILITY (SPF 6): For units over 4,500 kg. Minimum limit of $2 million or more, per occurrence.
  • AUTOMOBILE LIABILITY: Minimum limit of $2 million or more, per occurrence.
  • PHYSICAL DAMAGE TO NON-OWNED TRAILERS: $100,000.00 coverage minimum. Semi-trailers must be mentioned on the certificate.

IF YOUR CARRIER DOES NOT PROVIDE PHYSICAL DAMAGE COVERAGE

TEN Canada Ltd. will provide this coverage by charging a daily waiver. Please note that this is not insurance and does not cover single-vehicle accidents. Review full details and requirements in clauses 13 and 14 of our Standard Rental Terms & Conditions.

CERTIFICATE HOLDER (LIST EXACTLY AS SHOWN)

TEN Canada Ltd.
1880 Britannia Road East
Mississauga, Ontario L4W 1J3

Send certificates to [email protected]. Questions? Contact your TEN representative before equipment release.

Drag & Drop Files, Choose Files to Upload You can upload up to 2 files.

The information given in this application is warranted to be true, complete and correct, and is given for the purpose of obtaining credit.

Clear Signature
I have the authority to legally bind the contract
Name

Please allow up to 2 business days for credit application processing.

This is FORM 1 of 2. Please complete and submit FORM 2 (Application Terms & Services) after submission of this form.