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1490 W. Ironwood Street Olathe, KS 66061 913.764.5042 phone 913.764.9152 fax. Credit Application & Terms and Conditions. INSTRUCTIONS: Please print or ...
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Credit application and terms refer to the form that a business fills out when applying for credit with another company. The terms outline the payment schedule and other conditions of the credit agreement.
Any business or individual looking to establish credit with another company may be required to file a credit application and terms.
To fill out a credit application and terms, one typically needs to provide basic information about the business, financial information, trade references, and agree to the terms and conditions outlined by the creditor.
The purpose of a credit application and terms is to establish a formal credit agreement between two parties, outlining the payment schedule and other conditions for the extension of credit.
Information that must be reported on a credit application and terms typically includes business name, address, contact information, financial statements, trade references, and any other relevant information requested by the creditor.
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