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Electronic Record of Contracts

This document was generated as a record of certain contracts created, accepted and stored electronically.

Summary of Contracts
This document contains the following contracts.

Title Revision ID

Dealer Application - Canada 1 62715876522ead55e4ce123d

Contract signed by:

Harsimren Fidhu Signer ID: repair.triples@gmail.com


Triple S Truck Repair Email: repair.triples@gmail.com
Mobile #: +15874290050

Date / Time: May 3, 2022 at 1:02 PM EDT


IP Address: 74.12.51.128
Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/101.0.4951.41 Safari/537.36
User Agent:
Edg/101.0.1210.32

Completed by all parties on:


May 3, 2022 at 1:02 PM EDT

Request ID 627158603dade555eba68f2b Page 1 of 1


Dealer Application - Canada rev. 1 | 62715876522ead55e4ce123d

The afc logo is a trademark of Automotive Finance Corporation licensed to its affiliates, AFC Cal, LLC and Automotive Finance Canada Inc.

Let's get started: General Dealership Information

Canadian Dealer Credit Application

Dealership Legal Name: TRIPLE S TRUCK REPAIR INC

Street Address: 134 Kennedy Road South City: Brampton

Province: Postal Code: L6W 3G4 County: Canada


ON

Years at current location: 1 YEAR # of Additional Locations

Phone #: (587) 429-0052 Own or Rent? Rent

Auction Access #: 179643 Fax #:

GST #: 812229136 CRA Business Number#: 812229136

Dealership Website: Triples s truck repairs Years in Business: 8 YEARS

Dealer's License #: VF007321 Expiration Date: Jan 31, 2022

Dealer Application - Canada Page 1 of 6


Business Type: CORPORATION *if LLP, please give name of general partner:

How many shareholders or partners including yourself? 1

Shareholder/Partner #2: Name: Phone: Email:

Shareholder/Partner #3: Name: Phone: Email:

Shareholder/Partner #4: Name: Phone: Email:

Shareholder/Partner #5: Name: Phone: Email:

What kind of Floorplan line are you


applying for (please select all that Automotive- Automotive- Rental Salvage Powersports RV Commercial
apply): Retail Wholesale Truck

*If salvage floorplan, which of the below best describe your business model? Repair & Sell

Please enter the total credit amount being requested: $ 500,000

Have you applied with us before? No * Date previously applied:

Did someone refer you to AFCI? Yes *Name and Company: COPART AUCTION IMPACT AUCTION

Tell us about your business

What type of inventory do you keep on your lot? (please select all that apply)

Cars Trucks Motorcycles Marine RV's

Agricultural Luxury Heavy Duty Other:


Equipment

Where do you purchase your inventory?

Source: Copart Units per month: 2

Source: IAAI Units per month: 1

Dealer Application - Canada Page 2 of 6


Source: ADESA Units per month: 1

Please tell us about the following questions regarding your lot/location:

1. How many vehicles will your lot hold? 13

2. How many vehicles do you currently have on the lot? 4

3. How many vehicles would you like to carry on the lot? 6

4. How long do you typically hold your inventory (days)? 1 TO 2 MONTHS

5. What is your lot’s surface? (Gravel, paved, asphalt, etc.) Paved

Please tell us about the following questions regarding your inventory:

1. How many vehicles do you sell per month on average? 1 TO 2

2. What is your average inventory turn time (days)? 31-45 days

3. How long does it take from unit purchase to front-line 1 to 2 months


ready (days)?

4. What is the average wholesale value of your vehicles? $ 15001+

5. Do you accept trade-ins? No

Please tell us if you currently have other floorplan lines of credit:

Financial Institution Name: Credit Limit: $ Terms: Balance: $

Contact Party: Phone:

Financial Institution Name: Credit Limit: $ Terms: Balance: $

Contact Party: Phone:

Owner/Partner/Shareholder Information

Dealer Application - Canada Page 3 of 6


Sole Proprietor

First Name: Harsimran Middle Name: Last Name: Sidhu


SINGH

Date of Birth: Dec 6, 1984 *Please list your ownership %: 100 PERC

Your title in the applicant dealership (if any): Owner

Your % ownership interest in the applicant dealership: 100 PERC

Your sales person's license number assigned to the applicant dealer's license: S4321-31788-41206

Home Address: UNIT -11 City: 134 K3NN3DY RD S Province:


ON

Postal Code: L6W3G4 County: Years residing at this address: 1 Own or Rent? Rent
Canada

Cell Phone #: 587 429- 0050 Personal email address:


repair.triples@gmail.com

SIN (optional): 569474091

Driver's License #: S4321-31788-41206


Issuing Province: ON Expiration: Dec 6, 2025

Are you an investor only or are there any non-owner/officers that have significant responsibility to manage, control or direct the
dealership? No *If yes, Operations Manager must complete a separate information section.

Operations Manager Name: Email:

Are you a CDN Citizen? Yes

Please provide a brief description of your industry experience below:

13 YEARS 12

By checking [“I Agree”] below I authorize Automotive Finance Canada Inc. to obtain credit information about the applicant dealership
and about me from a credit bureau and any financial institution or trade creditor that I have provided as well as any other credit
investigation that AFCI in AFCI’s sole discretion deems necessary, and upon request, I will be informed via registered mail of the
name and address of the credit reporting agency that furnished the report.

I Agree

Dealer Application - Canada Page 4 of 6


I further agree to the following terms and conditions:

I hereby certify that the information contained within this application and on any financial statements is true, complete, and accurate
and portrays a correct and precise financial picture of the applicant dealership and about me, and the other partners and shareholders
(as applicable).

I understand and agree that Automotive Finance Inc. and their corporate affiliates, including Automotive Finance Corporation
(collectively “AFCI”) may create a file of personal information about me in order to allow AFCI to determine whether to grant credit to
me as a sole proprietor or partner and or to the dealer applicant with is of benefit to me. I understand that this personal information
may include, but is not limited to, information contained in this credit application and any credit information received from any third
party and/or any other personal information (collectively “Personal Information”). I understand and agree that AFCI may use such
Personal Information for initial and ongoing credit assessment, loan administration, collection of payments, and marketing of AFCI’s
and third parties’ services to me (object of the file). I also understand and agree that if credit is granted, AFCI will maintain the file and
may obtain further Personal Information from third parties or from me for the object of the file for any collection efforts and for as long
as the credit facilities remain unpaid. As may be required for the object of the file, I understand and agree that Personal Information
may be stored and/or processed or otherwise used by or on AFCI’s behalf both inside and outside of Canada by third party service
providers or by companies in AFCI’s corporate family, to perform functions on AFCI’s behalf. As a result, I understand that another
country’s courts, governments or law enforcement agencies could obtain disclosure of such information under that country’s laws.

I agree that AFCI may communicate such Personal Information to AFCI’s successors and affiliated companies, their lenders, and to any
third parties as may be necessary for the object of the file. Further, if credit is granted I authorize AFCI (1) to review the account
periodically, which could include obtaining additional credit reports; (2) to disclose my credit information into any credit database; and
(3) to share any and all other financial information that it possesses regarding the account, including but not limited to information
regarding my loan history, account history, account balance, and credit worthiness, with any third party that reasonably requests
information about me. I authorize AFCI, its affiliates, subsidiaries and parent companies to:

a) send facsimile transmissions to me at the facsimile numbers listed as my facsimile number in any communication sent or to be sent
to AFCI by me;

b) text or make telephone calls to me at the telephone numbers listed as my telephone number in any communication sent or to be
sent to AFCI by me;

c) send emails to me at the email addresses listed as my email address in any communication sent or to be sent to AFCI by me; and

d) communicate to me via any and all other forms of communications, for the purposes of marketing, collection and any other
communication needs.

I agree that this permission will remain in effect until cancelled by me in writing. If I wish to see my file or make corrections to it, I
understand that I may do so by writing to the Automotive Finance Canada Inc. Credit Department, c/o Automotive Finance Corporation,
11299 N. Illinois Street, Carmel, IN 46032. I understand that my file will be kept at the address listed above.

I warrant to AFCI that neither a bankruptcy proceeding nor a proposal is now or about to be made about me. I agree that I have had the
opportunity to read this consent and acknowledgment before signing it and that I have received a copy of it.

This application is executed in my individual capacity and in my capacity as a representative of the applicant dealership, if applicable. I
understand and agree that this application will not be complete until AFCI receives ALL of the information it regularly obtains and
considers when it evaluates applications for the amount and type of credit I am requesting, which may include credit reports, financial
statements, approvals or reports by governmental agencies or other persons that are needed to guarantee, insure, or provide security
for the credit or collateral, or any additional information or documents AFCI may request for underwriting purposes. AFCI will notify me
if AFCI requires me to provide any information or documents in addition to those expressly requested by this application.

Neither this application nor any loan request by an applicant shall constitute a commitment to lend to applicant and AFCI may approve
or reject this application in its sole discretion, with or without notice to the applicant.

I consent to receiving electronic messages from AFCI, including AFCI’s publications, announcements, advertisements and other

Dealer Application - Canada Page 5 of 6


messages sent for purposes of our business relationship. I may withdraw this consent at any time.

Signature Date May 3, 2022

repair.triples@gmail.com

By clicking Submit, you acknowledge receipt of the Privacy Statement

Dealer Application - Canada Page 6 of 6

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