Criteria in Approving Customer Credit Application

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This is an example of criteria in approving customer credit application. This document is useful in conducting a study on criteria in approving customer credit application.

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Shared by: Ben longjas
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Customer Credit Application If you would like to open an Account on Terms of Net 30 Days for the purpose of ordering product and/or equipment from Lamination Technology, please complete the Credit Data Form and fax back to us for Credit Approval.  If you prefer to fax your prepared Credit Information, rather than completing the attached Credit Data Form, you may do so. However, we will require Your Authorized Signature on the Credit Application allowing your Credit Information to be released to Our Company. We strive to offer Quality Products at Competitive Prices with Excellent Customer Service. We operate on a very narrow profit margin and require for all Invoices to be paid in a timely fashion. An Account that is Thirty (30) Days Past Due will be put on Credit Hold. Any misrepresentation in the Credit Application will be considered evidence of fraud since this information is the basis for the extending of Credit to you. The undersigned warrants that the information submitted is true and correct. In consideration for the extension of Credit, Your Company promises to pay for all purchases within the Net 30 Day Terms in agreement with our Credit Policy. In the event any third parties are employed to collect any outstanding monies owed by your Company, the undersigned agrees to pay reasonable collection costs, including attorney fees and all costs of litigation incurred. The undersigned represents that he/she has the authority to execute this Credit Agreement on behalf of the Business identified. Your Company Name: ________________________________________________________ Ownership: _____ Sole Proprietorship _____ Partnership _____ Corporation Principle: _____________________ / ______________________ / ____________________ Name Title SS# Principle: _____________________ / ______________________ / ____________________ Name Title SS# Principle: _____________________ / ______________________ / _____________________ Name Title SS# Credit Data Form / Net 30 Day Terms We need Your Signature authorizing Credit Information to be released to Lamination Technology. Authorized Signature: ___________________________ My Company Name: _____________________________________ Billing Address: ________________________________________ City: _______________________________________ Phone: _____________________________________ Date: ____________________ Tax Exempt #: _____________________ Contact: __________________________ Zip Code: ___________________ State: ________ Fax: _______________________________________ Bank: _______________________________ Year Est: ________ Acct. #: ____________________ Phone: __________________________________ City: _________________________ Fax: #: ______________________________________ Acct. Officer: __________________________ State: ______ Trade References Company: __________________________________ Address: __________________________________ City & State: _______________________________ Phone: ____________________________________ Fax: _______________________________________ Account #: _______________________________ Company: _________________________________ Address: __________________________________ City & State: _______________________________ Phone: _____________________________________ Fax: ________________________________________ Account #: ________________________________ Company: _________________________________ Address: __________________________________ City & State: ______________________________ Phone: ____________________________________ Fax: _______________________________________ Account #: _______________________________ Vel Hobbs Vice President/General Manager Lamination Technology 1525 Airport Road Conroe, TX 77301 PO Box 3063 Conroe, TX 77305 Phone: (936) 539-4461 Toll-Free: (877) 544-6448 Fax: (936) 539-6090 www.laminationtechnology.com lamtec@consolidated.net

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