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(Applying for Aggregation Service)
Marketers (agents) desiring to receive Aggregation Service will be evaluated to establish acceptable credit levels in order to receive the service. Marketers not meeting the necessary credit level will be required to provide additional security in the form of a letter of credit, surety bond, cash deposit, and/or appropriate guaranty to participate.
In order for Columbia to complete the evaluation, marketers will be required to provide the following information:
The evaluation will be based on standard credit factors such as previous customer history, Dun & Bradstreet financial and credit ratings, trade references, bank information, unused line of credit, and financial information. Columbia shall have sole discretion to determine credit worthiness based on the above criteria but will not deny credit worthiness without reasonable cause.
Columbia reserves the right to conduct evaluations when information has been received by Columbia that indicates the credit worthiness of a marketer has deteriorated.
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