factoring accounts receivable

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1stCapital Commercial & Funding 244 Fifth Ave, Suite #M289 New York, NY 10001 Ph (212) 591-0909 Fax (646) 253-7773 Account Receivable/Factoring Application To facilitate the quote process, please return the following:  Completed 2-page application**  Current Accounts Receivable aging report**  Articles of incorporation  Registered DBA or fictitious name, if applicable  Copy of a current invoice  Copy of purchase order or contract  The Application can either be filled out on screen or printed out. Tab between fields to fill out on screen. ** These are the minimum items required to receive a rate quote; the other items may be additionally required. 1st CCF APPLICATION 244 Fifth Ave, New York, NY 10001 Phone: (212) 591-0909 Fax: (646) 253-7773 Page 1 of 2 Legal Name of Company: DBA: Check One: Corporation or S-Corp Partnership/Limited Liability Co. Date Business Started: Sole Proprietorship Federal Tax Identification #: Primary Business Address: City: Phone: ( Email address: State: ) Fax: ( ) Website: Zip: Alternate Phone: ( ) - Business Description (types of products and/or services): Normal Terms of Sale: Due upon receipt Net 7-29 days Consignment Net 30 Net 60 Avg. Discounts / Returns: Other: % Number of active customers Number of invoices per month Average Invoice Amount $ Gross Sales for last year 200__ $ Projected Sales for this year 200__ $ $ What is the gross $ amount of invoices that you intend to factor each month? Have you ever factored your Accounts Receivable before? Principal / Majority Owner Information: Name: Home Address State Zip No Yes, with whom? SS# Ownership % Is your company required to be bonded or insured for any of its services?……………… Yes Are your Payroll Taxes current?……………………………………………………………………………. Are Federal / State Taxes current?………………………………………………………………………… Has any of the owners/officers filed for bankruptcy, have judgments, tax liens or pending lawsuits? Does your company have any commercial loans? Name of Bank or Lender: Loan(s) Balances: $ Nature of loan(s) No Yes – if yes, then complete the following: Phone: ( No Yes Yes Yes N/A No No No ) - 1 CCF st Page 2 of 2 Please list up to 10 current/ future customers you wish to factor—your customers will never be contacted without your permission . 1 Company Name Address/City 2 Phone ( State Phone ( State Phone ( State Phone ( State Phone ( State Phone ( State Phone ( State Phone ( State Phone ( State Phone ( State st ) Zip Company Name Address/City ) Zip 3 Company Name Address/City ) Zip 4 Company Name Address/City ) Zip 5 Company Name Address/City ) Zip 6 Company Name Address/City ) Zip 7 Company Name Address/City ) Zip 8 Company Name Address/City ) Zip 9 Company Name Address/City ) Zip 10 Company Name Address/City ) Zip The foregoing information is true and correct to the best of my knowledge and is given to 1 Capital Commercial & Funding to induce and st 1 Capital Commercial & Funding to consider entering into a factoring agreement with this company, or have this information assigned to st another creditor. I/We have been expressly authorized to grant 1 Capital Commercial & Funding or its agents to verify and investigate any and all the foregoing statements, including but not limited to my/our current creditworthiness and financial responsibility, in any way st st 1 Capital Commercial & Funding chooses. I/We grant 1 Capital Commercial & Funding or its agents the right to procure any and all credit reports pertaining to any party affiliated with the corporate applicant, including all principals of the applicant company. Signature: Print Name: Title: Date:

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