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Business Credit Application

This Business Credit Application form is used by businesses to apply for credit with suppliers, vendors, or financial institutions. It gathers essential financial and operational information to assess creditworthiness.

Updated 15d ago
credit applicationbusiness creditfinanceSMEcredit form

APPLICANT INFORMATION

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Date of Application: {{date_of_application}}

Legal Business Name: {{legal_business_name}}

Trading Name (if different): {{trading_name}}

Business Registration Number: {{business_registration_number}}

Date of Incorporation/Commencement: {{date_of_incorporation}}

Business Type (e.g., Sole Proprietor, Partnership, Pty Ltd): {{business_type}}

Primary Industry: {{primary_industry}}

Nature of Business Activity: {{nature_of_business_activity}}

CONTACT PERSON(S)

Main Contact Person Name: {{main_contact_person_name}}

Title: {{main_contact_person_title}}

Email: {{main_contact_person_email}}

Phone: {{main_contact_person_phone}}

Accounts Payable Contact Name: {{accounts_payable_contact_name}}

Accounts Payable Email: {{accounts_payable_email}}

Accounts Payable Phone: {{accounts_payable_phone}}

CREDIT REQUIREMENTS

Desired Credit Limit: {{desired_credit_limit}}

Purpose of Credit: {{purpose_of_credit}}

Anticipated Monthly Purchases: {{anticipated_monthly_purchases}}

BANKING INFORMATION

Bank Name: {{bank_name}}

Bank Address: {{bank_address}}

Account Name: {{account_name}}

Account Number: {{account_number}}

Branch Code: {{branch_code}}

Bank Contact Person (Optional): {{bank_contact_person}}

Bank Contact Phone (Optional): {{bank_contact_phone}}

TRADE REFERENCES

Please provide details of three (3) trade references with whom your company has established credit.

Reference 1: Company Name: {{reference_1_company_name}}, Contact Person: {{reference_1_contact_person}}, Phone: {{reference_1_phone}}, Email: {{reference_1_email}}, Account Number (Optional): {{reference_1_account_number}}

Reference 2: Company Name: {{reference_2_company_name}}, Contact Person: {{reference_2_contact_person}}, Phone: {{reference_2_phone}}, Email: {{reference_2_email}}, Account Number (Optional): {{reference_2_account_number}}

Reference 3: Company Name: {{reference_3_company_name}}, Contact Person: {{reference_3_contact_person}}, Phone: {{reference_3_phone}}, Email: {{reference_3_email}}, Account Number (Optional): {{reference_3_account_number}}

FINANCIAL INFORMATION

Annual Turnover (Last Financial Year): {{annual_turnover_last_year}}

Annual Turnover (Current Financial Year Projection): {{annual_turnover_projection}}

Net Worth: {{net_worth}}

Does your company prepare audited financial statements? {{audited_financial_statements_yes_no}} (If yes, please attach the latest audited statements.)

Are there any outstanding judgments, bankruptcies, or liquidations against your company or its directors? {{outstanding_judgements_yes_no}} (If yes, please provide details.)

OWNERSHIP / DIRECTORS / PARTNERS

List all principal owners, partners, or directors (attach separate sheet if necessary).

Name: {{owner_1_name}}, Title/Position: {{owner_1_title}}, % Ownership: {{owner_1_ownership_percentage}}

Name: {{owner_2_name}}, Title/Position: {{owner_2_title}}, % Ownership: {{owner_2_ownership_percentage}}

TERMS AND CONDITIONS

By submitting this application, I/we hereby authorise {{creditor_company_name}} to make enquiries as it deems necessary to assess our creditworthiness, including but not limited to contacting the above-listed references and obtaining credit reports from credit bureaus. I/we certify that the information provided in this application is true and correct to the best of my/our knowledge and belief.

I/we understand that standard payment terms are {{standard_payment_terms}} days from the date of invoice, unless otherwise agreed in writing. Overdue accounts may be subject to interest at a rate of {{overdue_interest_rate}}% per annum from the due date until paid in full.

I/we agree to notify {{creditor_company_name}} in writing of any material changes to the information provided in this application.

DECLARATION AND AUTHORISATION

I/We, the undersigned, declare that the information provided in this Business Credit Application is accurate and complete. I/We understand that any false or misleading information may result in the refusal of credit facilities.

I/We authorise {{creditor_company_name}} to obtain any information it considers necessary in connection with this application, including financial information and reports from credit reporting agencies.

Signature: __________________________

Printed Name: {{signatory_name}}

Title: {{signatory_title}}

Date: {{signature_date}}

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