Turn your law firm AI-native

Apply

Business Credit Application (B2B) Template

  • Typical length: 4-6 pages
  • AI Assisted
  • Export: PDF & DOCX
  • Multi-jurisdiction ready
Get your custom agreement in minutes Create Agreement
4.8 Rating Downloaded 3721 times
Google For Startups NVIDIA Inception Program

Date: [Date]

Requested Credit Terms: ☐ Net 15 ☐ Net 30 ☐ Net 45 ☐ Net 60 ☐ Other: [Terms]

Requested Credit Limit: $[Amount]

1. Applicant Business Information

1.1 Legal Business Name: [Company name]

1.2 DBA/Trade Name (if any): [DBA]

1.3 Entity Type: ☐ LLC ☐ Corporation ☐ Partnership ☐ Sole Proprietor ☐ Other: [Type]

1.4 State/Country of Formation: [State/Country]

1.5 Tax ID (EIN/VAT): [ID]

1.6 Website: [URL]

1.7 Business Phone: [Phone]

2. Addresses and Contacts

2.1 Billing Address: [Address]

2.2 Shipping Address: [Address] ☐ Same as billing

2.3 Accounts Payable Contact: [Name, email, phone]

2.4 Purchasing Contact: [Name, email, phone]

3. Ownership and Management (Optional)

3.1 Owner/Officer Name: [Name] — Title: [Title] — % Ownership: [**]%

3.2 Owner/Officer Name: [Name] — Title: [Title] — % Ownership: [**]%

4. Bank Reference

4.1 Bank Name: [Bank]

4.2 Branch/Address (Optional): [Address]

4.3 Account Type: ☐ Checking ☐ Savings ☐ Other: [Type]

4.4 Bank Contact (Optional): [Name/phone]

5. Trade References

Provide at least [__] trade references (suppliers you have purchased from):

5.1 Reference #1:

  • Company: [Name]

  • Contact: [Name]

  • Phone/Email: [Contact]

  • Credit terms: [Net __]

  • Approx. monthly spend: $[__]

Company: [Name]

Contact: [Name]

Phone/Email: [Contact]

Credit terms: [Net __]

Approx. monthly spend: $[__]

5.2 Reference #2:

5.3 Reference #3 (Optional):

6. Credit Terms and Conditions

6.1 Payment Obligation. Applicant agrees to pay all invoices according to approved terms.

6.2 Late Fees (Optional). Late fees: []% per month (or maximum allowed by law) on past-due balances after [] days.

6.3 Collections (Optional). Applicant agrees to pay reasonable collection costs and attorneys’ fees where permitted by law.

6.4 Disputes. Invoice disputes must be submitted in writing within [__] days of invoice date.

6.5 Credit Limit Changes. Supplier may change the credit limit based on payment history and risk review.

7. Authorization to Verify Information

Applicant authorizes Supplier to verify this application and obtain credit information, including contacting trade and bank references. Applicant represents that information provided is true and complete.

8. Personal Guarantee (Optional)

☐ Not included

☐ Included. If included, the undersigned personally guarantees payment of Applicant obligations, to the extent permitted by law.

Guarantor Name: [Full name]

Address: [Address]

Phone/Email: [Contact]

Signatures

Applicant (Authorized Representative): [Name]

Title/Role: [Title]

Company: [Company Name]

Date: [Date]

Signature: ___________________________

Supplier (Optional): [Supplier Name]

Authorized Representative: [Name]

Date: [Date]

Signature: ___________________________

Download Free Template

Get your complete
agreement in minutes

Select template illustration
Select a template

Each template already follows legal structure and best practices.

Provide details illustration
Provide details

The agreement is automatically filled and adapted to your inputs.

Review & download illustration
Review & download

Check the generated document, make edits if needed, and download a ready-to-use agreement.

Details

Learn more about

Business Credit Application (B2B) Template

Click below for detailed info on the template.
For quick answers, scroll below to see the FAQ.

Learn more

Frequently asked

Business Credit Application (B2B) Template — quick answers

01

What is a business credit application (B2B)?

A Business Credit Application is a form a supplier uses to collect information about a business customer before offering trade credit (such as Net 30 or Net 60 terms). It helps the supplier evaluate risk, set a credit limit, and confirm billing and payment details.

02

What information should a B2B credit application include?

Common fields include: legal business name, entity type, tax ID, billing and shipping addresses, owners/officers, bank references, trade references, requested credit limit, purchase order contacts, and an authorization to verify information.

03

Does a credit application create a credit agreement?

It can, if it includes credit terms and the applicant agrees to them (for example, late fees, collection costs, and personal guarantees). This template includes basic credit terms and an optional personal guarantee section.

04

Should you require a personal guarantee?

It depends on your risk tolerance and relationship. New or small businesses may be asked for a personal guarantee, while established companies may not. This template includes an optional guarantee that you can include or remove.

05

How do you handle privacy and consent to verify information?

The application should include consent to contact references and verify banking and credit information. This template includes an authorization clause and a confidentiality note.

06

What is AI Lawyer?

AI Lawyer is an AI-powered assistant that helps you create and customize legal and business document templates online. It guides you through key sections, suggests wording, and explains complex concepts in simple language. AI Lawyer does not replace a licensed attorney or provide legal advice, but helps you prepare better documents faster and more confidently.

Similar templates

Other templates from

Sales Documents and Forms