Business Credit Application

Creating a Business Credit Application is essential when extending credit to customers or other businesses. Here’s a template for a typical Business Credit Application with a checklist of required information and an explanation of credit approval requirements:

Business Credit Application Template

[Your Company Logo]
[Your Company Name]
[Your Company Address]
[City, State, Zip Code]
[Phone Number]
[Email Address]

Business Credit Application

Business Information:

  • Business Legal Name: [Legal Business Name]
  • Trade Name (if different): [Trade Name]
  • Business Address: [Business Address]
  • City, State, Zip Code: [City, State, Zip Code]
  • Phone Number: [Business Phone Number]
  • Fax Number (if applicable): [Fax Number]
  • Email Address: [Business Email Address]
  • Website (if applicable): [Business Website]

Business Type:

  • [ ] Corporation
  • [ ] Partnership
  • [ ] Sole Proprietorship
  • [ ] LLC
  • [ ] Other (Specify): [Specify]

Ownership Information:

  • Owner’s Name: [Owner’s Name]
  • Title: [Owner’s Title]
  • Ownership Percentage: [Owner’s Ownership Percentage]
  • Social Security Number (SSN) or EIN: [Owner’s SSN/EIN]
  • Owner’s Address: [Owner’s Address]
  • City, State, Zip Code: [Owner’s City, State, Zip Code]

Financial Information:

  • Business Start Date: [Business Start Date]
  • Annual Revenue: [Annual Revenue]
  • Net Worth: [Business Net Worth]
  • D-U-N-S Number (if available): [D-U-N-S Number]
  • Bank Name: [Bank Name]
  • Bank Address: [Bank Address]
  • City, State, Zip Code: [Bank City, State, Zip Code]
  • Account Number: [Account Number]
  • Business References: [List of Business References]

Trade References:

  • Company Name: [Trade Reference Company Name]
  • Contact Name: [Contact Name]
  • Phone Number: [Phone Number]
  • Account Number: [Account Number]

Authorization and Certification:

I, the undersigned, certify that the information provided in this Business Credit Application is true and accurate to the best of my knowledge. I understand that this information will be used for credit evaluation purposes and authorize [Your Company Name] to obtain and review credit reports as necessary.

Applicant’s Name: [Applicant’s Name]
Title: [Applicant’s Title]
Date: [Date]


Use the following checklist to ensure all required documents and information are included with the application:

  • [ ] Completed Business Credit Application
  • [ ] Business Financial Statements (e.g., balance sheet, income statement)
  • [ ] Business Tax Returns (last 2 years)
  • [ ] Personal Financial Statements (for owner(s))
  • [ ] Bank Statements (last 3 months)
  • [ ] Trade References
  • [ ] Business References
  • [ ] D-U-N-S Number (if available)
  • [ ] Authorization and Certification Signature

Credit Approval Requirements:

[Explain your credit approval requirements and the factors that will be considered during the credit evaluation process. This may include factors like credit history, financial stability, trade references, and any specific credit limits.]

Submission Instructions:

Please submit the completed Business Credit Application and all required documents to [Email Address] or [Mailing Address].

Thank you for applying for credit with [Your Company Name]. We will review your application and contact you regarding the credit approval decision.

[Your Company Name]

[Your Contact Information]


  • Customize the template with your company’s logo, name, and contact details.
  • Include specific credit approval requirements relevant to your business.
  • Ensure that all required information and documents are submitted for a thorough credit evaluation.
  • Use this template when extending credit to other businesses or customers, and maintain records of credit applications and approvals.