Credit Application Form PDF Details

In the competitive business landscape, securing a line of credit can be a transformative move for companies aiming to expand their operations or manage cash flow more effectively. A Credit Application form plays a pivotal role in this process, serving as the bridge between businesses and financial institutions or suppliers. This comprehensive document not only captures the essential details of the company applying for credit, such as the company name, contact information, and business structure (be it a corporation, partnership, proprietorship, LLC, or PLC), but it also delves into financial specifics like the desired credit line, annual sales, and the availability of financial statements. It demands transparency, requiring disclosure of the company directors, officers, or principal details, alongside banking information and trade references which are scrutinized to assess creditworthiness. Conditions laid out within the form, including payment terms and legal stipulations concerning dispute resolution, underscore the mutual understanding and agreement between creditor and applicant. The commitment is further solidified through a personal guarantee section, obligating personal accountability for the business's financial obligations. This document, therefore, is not just a formality but a crucial tool in establishing trust, stipulating clear terms, and laying the groundwork for a fruitful financial relationship.

QuestionAnswer
Form NameCredit Application Form
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namesuniversal credit application form, universal credit application consumerreal estate 1 1 2017, credit application template, credit form application

Form Preview Example

SAMPLE CREDIT APPLICATION

COMPANY NAME: _________________________________________________

PHONE: _______________________

STREET ADDRESS: _______________________________________________

FAX: __________________________

CITY: _______________________________________

STATE: ____________

ZIP: ___________________________

BILLING ADDRESS (IF DIFFERENT FROM ABOVE): _____________________________________________________

CITY: ______________________________________

STATE: ____________

ZIP: __________________________

EMAIL: _____________________________________

CREDIT LINE SOUGHT: _______________________________

COMPANY IS A: CORPORATION

PARTNERSHIP

 

PROPRIETORSHIP

L.L.C.

P.L.C.

CORPORATE REGISTRATION NO. _______________ V.A.T. NO. ___________ ANNUAL SALES ________________

ARE FINANCIAL STATEMENTS AVAILABLE?

YES

NO

# YEARS IN BUSINESS __________________

NOTE: IF IN BUSINESS LESS THAN FIVE YEARS, YOU MUST COMPLETE PERSONAL GUARANTEE

COMPANY DIRECTORS/OFFICERS/PRINCIPAL

NAME 1: __________________________________________________________ TITLE: ________________________

HOME ADDRESS: __________________________________________________ PHONE: _______________________

NAME 2: __________________________________________________________ TITLE: ________________________

HOME ADDRESS: __________________________________________________ PHONE: _______________________

NAME 3: __________________________________________________________ TITLE: ________________________

HOME ADDRESS: __________________________________________________ PHONE: _______________________

BANKING DETAILS

BANK NAME: _____________________________________________________ ACCOUNT #: ___________________

BRANCH ADDRESS: __________________________ CITY/STATE/ZIP: _____________________________________

BANK CONTACT NAME: ____________________________________________ PHONE: _______________________

TRADE REFERENCES

VENDOR 1: __________________________________ CONTACT: __________________________________________

PAYMENT ADDRESS: _________________________ CITY/STATE/ZIP: _____________________________________

PHONE: _____________________________________ FAX: ________________ ACCOUNT #: ___________________

VENDOR 2: __________________________________ CONTACT: __________________________________________

PAYMENT ADDRESS: _________________________ CITY/STATE/ZIP: _____________________________________

PHONE: _____________________________________ FAX: ________________ ACCOUNT #: ___________________

VENDOR 3: __________________________________ CONTACT: __________________________________________

PAYMENT ADDRESS: _________________________ CITY/STATE/ZIP: _____________________________________

PHONE: _____________________________________ FAX: ________________ ACCOUNT #: ___________________

Page 1

CONDITIONS (TERMS ARE NET 30 DAYS UPON CREDIT APPROVAL)

TERMS OF SALE, INCLUDING TERMS OF PAYMENT AND CHARGES, FOR EACH PURCHASE ARE AGREED TO BE THOSE SPECIFIED ON THE FACE OF EACH INVOICE. THE CUSTOMER HEREBY AGREES TO PAY ALL COSTS OF COLLECTION OR LEGAL FEES SHOULD SUCH ACTION BE NECESSARY DUE TO NON-PAYMENT. THE ABOVE INFORMATION IS WILLINGLY SUPPLIED AND THE CREDITOR IS AUTHORIZED TO CONTACT THE ABOVE BANK AND TRADE REFERENCES IN ORDER TO ESTABLISH THE CREDITWORTHINESS OF THE ABOVE NAMED COMPANY. IF THE APPLICANT IS NOT A CORPORATION, THE CREDITOR IS AUTHORIZED TO OBTAIN CREDIT REPORTS ON THE PROPRIETORS, PARTNERS OR PRINCIPALS. SHOULD A CREDIT AVAILABILITY BE GRANTED BY THE CREDITOR, ALL DECISIONS WITH RESPECT TO THE EXTENSION OR CONTINUATION SHALL BE IN THE SOLE DISCRETION OF THE CREDITOR. THE CREDITOR MAY TERMINATE ANY CREDIT AVAILABILITY WITHIN ITS SOLE DISCRETION.

DISPUTES: ANY DISPUTE OR CONTROVERSY ARISING FROM THIS AGREEMENT WILL BE RESOLVED BY ARBITRATION BY THE AMERICAN ARBITRATION ASSOCIATION AT ORANGE COUNTY, CALIFORNIA. THE LANGUAGE OF THE ARBITRATION SHALL BE ENGLISH. THE NUMBER OF ARBITRATORS SHALL BE ONE. THE PARTIES AGREE THE AMERICAN ARBITRATION ASSOCIATION’S EXPEDITED RULES SHALL APPLY AND THEY WAIVE ALL RIGHT TO ANY HEARING REQUIRING WITNESS PRODUCTION. THE ARBITRATOR SHALL ISSUE AN AWARD BASED UPON THE WRITTEN DOCUMENTARY EVIDENCE SUPPLIED BY THE PARTIES. THE ARBITRATOR’S AWARD SHALL BE BINDING AND FINAL. THE LOSING PARTY SHALL PAY ALL ARBITRATION EXPENSES, INCLUDING ALL ATTORNEY’S FEES.

I HAVE READ AND UNDERSTAND THE ABOVE TERMS AND CONDITIONS, AND HEREBY AGREE TO THEM:

APPLICANT’S NAME: ______________________________________ TITLE: ________________________________

DATE: ______________________________________ APPLICANT’S SIGNATURE: ___________________________

FOR PROPRIETORS, PARTNERS, S-CORPORATIONS IN THE U.S.

I AUTHORIZE THE SELLER AND THEIR ASSIGNS TO OBTAIN A CONSUMER CREDIT REPORT ON MY CREDIT HISTORY.

DATE: ______________________________________ APPLICANT’S SIGNATURE: ____________________________

PERSONAL GUARANTEE

THE UNDERSIGNED, FOR CONSIDERATION DO HEREBY INDIVIDUALLY AND PERSONALLY GUARANTEE THE FULL AND PROMPT PAYMENT OF ALL INDEBTEDNESS HERETOFORE OR HEREAFTER INCURRED BY THE ABOVE BUSINESS. THIS GUARANTEE SHALL NOT BE AFFECTED BY THE AMOUNT OF CREDIT EXTENDED OR ANY CHANGE IN THE FORM OF SAID INDEBTEDNESS. NOTICE OF THE ACCEPTANCE OF THIS GUARANTEE, EXTENSION OF CREDIT, MODIFICATION IN TERMS OF PAYMENT, AND ANY RIGHT OR DEMAND TO PROCEED AGAINST THE PRINCIPAL DEBTOR IS HEREBY WAIVED. THIS GUARANTEE MAY ONLY BE REVOKED BY WRITTEN NOTICE WHICH SHALL BE SENT TO THE CREDITOR’S CREDIT OFFICE BY CERTIFIED MAIL. ANY REVOCATION DOES NOT REVOKE THE OBLIGATION OF THE GUARANTORS TO PROVIDE PAYMENT FOR INDEBTEDNESS INCURRED PRIOR TO THE REVOCATION. I AUTHORIZE THE SELLER AND THEIR ASSIGNS TO OBTAIN A CONSUMER CREDIT REPORT AND TO CONTACT MY REFERENCES AS NECESSARY. AS GUARANTOR, I AM ALSO BOUND BY THE ABOVE ARBITRATION CLAUSE.

GUARANTOR’S NAME: _____________________________________

SIGNATURE: __________________________

HOME ADDRESS: _____________________________ CITY/STATE/ZIP: ____________________________________

DATE: _______________________________________ TAX I.D. OR S.S. NO: _________________________________

GUARANTOR’S NAME: _____________________________________

SIGNATURE: __________________________

HOME ADDRESS: _____________________________ CITY/STATE/ZIP: ____________________________________

DATE: _______________________________________ TAX I.D. OR S.S. NO: _________________________________

Page 2

How to Edit Credit Application Form Online for Free

Our PDF editor that you can apply was created by our finest computer programmers. It is easy to fill in the credit form application file immediately and efficiently with this software. Just comply with this instruction to get started.

Step 1: Hit the button "Get form here" to open it.

Step 2: Once you have accessed your credit form application edit page, you'll see all functions you can use with regards to your file in the top menu.

These segments are in the PDF form you'll be filling out.

filling out universal credit application part 1

Provide the appropriate information in the space BANK NAME ACCOUNT, BRANCH ADDRESS CITYSTATEZIP, BANK CONTACT NAME PHONE, TRADE REFERENCES, VENDOR CONTACT, PAYMENT ADDRESS CITYSTATEZIP, PHONE FAX ACCOUNT, VENDOR CONTACT, PAYMENT ADDRESS CITYSTATEZIP, PHONE FAX ACCOUNT, VENDOR CONTACT, PAYMENT ADDRESS CITYSTATEZIP, and PHONE FAX ACCOUNT.

BANK NAME  ACCOUNT, BRANCH ADDRESS  CITYSTATEZIP, BANK CONTACT NAME  PHONE, TRADE REFERENCES, VENDOR   CONTACT, PAYMENT ADDRESS  CITYSTATEZIP, PHONE  FAX  ACCOUNT, VENDOR   CONTACT, PAYMENT ADDRESS  CITYSTATEZIP, PHONE  FAX  ACCOUNT, VENDOR   CONTACT, PAYMENT ADDRESS  CITYSTATEZIP, and PHONE  FAX  ACCOUNT in universal credit application

Jot down the main details in I HAVE READ AND UNDERSTAND THE, APPLICANTS NAME TITLE, DATE APPLICANTS SIGNATURE, FOR PROPRIETORS PARTNERS, I AUTHORIZE THE SELLER AND THEIR, DATE APPLICANTS SIGNATURE, PERSONAL GUARANTEE, and THE UNDERSIGNED FOR CONSIDERATION area.

universal credit application I HAVE READ AND UNDERSTAND THE, APPLICANTS NAME  TITLE, DATE  APPLICANTS SIGNATURE, FOR PROPRIETORS PARTNERS, I AUTHORIZE THE SELLER AND THEIR, DATE  APPLICANTS SIGNATURE, PERSONAL GUARANTEE, and THE UNDERSIGNED FOR CONSIDERATION blanks to fill

You'll have to identify the rights and obligations of all parties in box THE UNDERSIGNED FOR CONSIDERATION, GUARANTORS NAME SIGNATURE, HOME ADDRESS CITYSTATEZIP, DATE TAX ID OR SS NO, GUARANTORS NAME SIGNATURE, HOME ADDRESS CITYSTATEZIP, DATE TAX ID OR SS NO, and Page.

universal credit application THE UNDERSIGNED FOR CONSIDERATION, GUARANTORS NAME  SIGNATURE, HOME ADDRESS  CITYSTATEZIP, DATE  TAX ID OR SS NO, GUARANTORS NAME  SIGNATURE, HOME ADDRESS  CITYSTATEZIP, DATE  TAX ID OR SS NO, and Page fields to fill

Step 3: The moment you select the Done button, your final document is simply exportable to each of your gadgets. Alternatively, you can deliver it by using mail.

Step 4: You will need to make as many copies of your document as you can to remain away from potential worries.

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