Credit Application
Business Telephone: ( )
5
Proprietorship 5
Partnership 5
Corporation
Fax:
( )
Type of Ownership
Please Check One
Cell Phone:
( )
Pager:
( )
Trade/Business
Name:
Address:
P. O.
Box/Street City State
Zip
Address:
P. O.
Box/Street City State Zip
Do you issue purchase orders? Yes5
No5 Purchasing Agent:
List
Corporate Officers:
President: V.P.
Finance/Controller:
For partners and/or individual, list name,
address, driver’s license, date of birth, & social
security numbers:
Driver’s Lic.# St. Social Sec.# Date of
Birth Driver’s Lic.# St. Social Sec.# Date of
Birth
( )
Name Street City State Zip Telephone Number
( )
Name Street City State Zip Telephone Number
Your Present Business
Started: If less than 3 years,
list
former business here:
Name
(
)
Street City State Zip Telephone Number
Former Trade Names, if any:
Contractor’s License# Where Licensed?
Name of Licensee
Federal Tax I.D.# Sales Tax Exempt# (If exempt from sales tax, attach
certificate.)
Business Location: (
)
Street City State Zip Telephone
Number
Type of Business:
BANK INFORMATION: (Most banks require a customer signature
before releasing any information. To
prevent any delay in processing your application, please make certain to sign
this credit application where indicated.
This will authorize your bank(s) to provide all required account
information.)
( )
Name Street City State Zip Telephone
Number
Loan
Officer Branch(es) Used Account
Number(s)
MAJOR BUSINESS REFERENCES:
( )
Name Street City State Zip Telephone
Number
( )
Name Street City State Zip Telephone
Number
( )
Name Street City State Zip Telephone
Number
( )
Name Street City State Zip Telephone
Number
AGREEMENT
Buyer authorizes all persons,
institutions, organizations, companies, and credit-reporting agencies to
furnish any and all pertinent information, including commercial and consumer
credit reports, requested from time to time by Metro Metals. The undersigned and Buyer, if different, each
warrant that the information given in this Credit Application and Agreement is
true and no unfavorable information has been omitted. The extension of credit hereunder, the amount
of credit, and the cancellation or reduction of credit shall be within the sole
discretion of Metro Metals. The
undersigned has read and agrees to the terms and conditions of the reverse
side.
Print
Full Name
Signature Metro
Metals Representative’s Signature Date
The Credit Application
and Agreement (“Agreement”) is executed by Buyer to persuade Metro Metals to
extend credit to Buyer. All purchases by
Buyer hereunder are made pursuant to Metro Metals Purchase Agreement, the Terms
and Conditions of which are incorporated by reference herein.
1. Buyer
shall pay each invoice in full in accordance with the terms of the particular
Purchase Agreement, invoice, or other shipping document, with or without
Buyer’s signature. In the event Buyer
fails to make payment when due, Buyer shall pay, in addition to the invoice amount,
monthly late payment charge equal to 1.5% of the outstanding balance due. Metro Metals reserves the right to change
such charges from time to time in its sole discretion and without notice. All payments are due within terms. Late payment charges shall be construed in
such a manner as to be enforceable under applicable state and federal law. Buyer agrees that should the late payment
charge be deemed by a court of competent jurisdiction to violate any law, Buyer’s
sole remedy against Metro Metals shall be the application of any late payment
charge in excess of the maximum rate allowable by law toward the unpaid account
balance (or refund of such excess if no account balance remains unpaid).
2. Buyer agrees to pay all cost of collection by
Metro Metals of any amount due hereunder, including actual attorney’s
fees. Buyer further agrees that, in the
event any action is brought upon or by reason of this Credit Application and
Agreement by either Buyer or Metro Metals and Metro Metals, prevails, Buyer
shall pay Metro Metals its actual attorney’s fees and other cost incurred as a
result of or in connection with such action.
To the extent state law limits the recoverability of attorney’s fees, Metro Metals shall be entitled to recover its fees up
to the maximum allowed by state law.
3. Metro
Metals shall have the sole discretion and complete right to apply any payment
received from Buyer hereunder in any manner which Metro Metals deems
proper. Unless otherwise specified in
the remittance advice, Metro Metals may apply payments first to late payment
charges, service charges, shipping charges, attorney’s fees, or any other
applicable charge, in any order before applying the remainder of any such
payments toward Buyer’s principal account balance.
4. Buyer represents and warrants that Buyer is not
a “consumer” as defined in the Federal Consumer Credit Protection Act, or any
other consumer credit laws (Federal, State, or local), and Buyer waives all
rights granted to consumers under the Federal Consumer Credit Protection Act,
and other Federal, State, and Local laws pertaining to “consumer” rights. Buyer further represents and warrants that
all purchases made from Metro Metals and any credit extended hereunder will be
used solely for business and commercial purposes.
5. This
Credit Application and Agreement is governed by the laws of the state of
6. Buyer
agrees to provide Metro Metals with prompt written notice or any change in
Buyer’s name, address, ownership, or forms of business entity.
The undersigned understands the information obtained
for this application is being submitted for the purpose of obtaining credit and
also authorizes the investigation of this information through banks and
references cited herein.
Amount of credit requested?
_____________________. Financial
statement attached? Yes5 No5
I understand your
terms are Net 25th of the following month. I agree to pay within these terms. If I am not able to keep my account current,
a 1.5% per month carrying charge will be added to my account. I recognize this is a legitimate charge, and
I agree to pay this charge if my account should become past due.
If my account becomes
past due and it is necessary to obtain legal counsel to collect the balance
due, I agree to pay all reasonable attorney fees and court costs associated
with my indebtedness.
The
undersigned agrees to personally and unconditionally guarantee payment of all
sums owed pursuant to this agreement.
This is a continuing guarantee and shall not be revoked, except by
written notice to creditor.
Guarantor’s Signature
__________________________________________________ Date ______________________
Print Name
___________________________________________________________