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PH. (09) 447 1070 Fax. (09) 447 1070 7C Saturn Pl. Albany N.S.C PO Box 108142 Seconds St AFLD APPLICATION FOR TRADE CREDIT & AGREEMENT TO TERMS AND CONDITIONS OF SUPPLY please complete both pages

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What is application for trade credit?

An application for trade credit is a document or form that is filled out by businesses or individuals when they are seeking credit from a supplier or vendor. It provides information about the applicant's financial history, creditworthiness, and other relevant details.

Who is required to file application for trade credit?

Any business or individual that wishes to obtain trade credit from a supplier or vendor is required to file an application for trade credit. This includes both new and existing customers who want to establish or extend credit terms.

How to fill out application for trade credit?

To fill out an application for trade credit, you typically need to provide information such as your business name, contact details, financial statements, trade references, bank references, and any other relevant information requested by the supplier or vendor. The specific process may vary depending on the supplier's requirements.

What is the purpose of application for trade credit?

The purpose of an application for trade credit is to assess the creditworthiness and financial stability of the applicant. It allows the supplier or vendor to evaluate the risk involved in extending credit and make an informed decision about whether to grant credit, and if so, on what terms.

What information must be reported on application for trade credit?

The information that must be reported on an application for trade credit typically includes the applicant's business or personal information, financial statements, trade references, bank references, and any other relevant information requested by the supplier. This information helps the supplier assess the applicant's creditworthiness and ability to make timely payments.

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