Credit Application Form

If you operate your business on a credit basis, ie. Your customers pay you after goods or services have been delivered, then you may find this application form useful. By getting your customer to complete this form before doing business with them, it allows you to accumulate information on the customer, assisting you to ascertain whether you are willing to grant the credit. 

 

More information

A Credit Application Form assists you to accumulate information on your client. With this information, you can conduct various checks to determine whether the customer is one you want to do business with. The information is also useful in the event that you need to take action against the customer on default.   

 

What type of business should use a Credit Application Form? 

A business that operates on a credit basis, ie. payment is made after the goods or services have been delivered, may find this Credit Application Form useful. 

 

What does the Credit Application Form say? 

The form consists of: 

• Client’s Details
• Client’s Personnel Details 
• Banking Details
• References
• Client Consent and Signature
• Supplier Acceptance

 

What does the Credit Application Form look like? 

• The form can be printed onto one A4 page. 

 

What do you need to do to use the Credit Application Form? 

• Read the document to ensure that it suits your requirements. Make changes as required.
• Request your customer to complete the form before doing business.

 

Also known as:

• Application for Credit