Credit Application

CREDIT APPLICATION

Credit Application Explained

A credit application is a standardized form that a customer or borrower uses to request credit. The form contains requests for such information as:

* The amount of credit requested
* The identification of the applicant
* The financial status of the applicant
* The names of credit references
* Standard boilerplate terms and conditions

The credit application form is issued by a supplier or lender with the intent of standardizing the information it uses to make credit decisions. Additional information may be used in making a credit decision, such as a credit report from a credit rating agency and information received from the credit references supplied by the applicant.

Based on the information in a completed form, a credit analyst may elect to grant or deny credit, or may impose additional conditions, such as a personal guarantee or collateral. The granting of credit through an online form is highly automated, so that the entire process may only require a few minutes to complete.

Prefer paper? Download the PDF form, fill it in and email it to info@buildingstore.ca.

Credit Application Form

Fill in the form below and sign it with your finger or mouse. It goes straight to our office, and you can download a copy for your records. Fields marked * are required.

Business contact information

Last name

First name

Middle initial

Your title

Name of business

In business since (year)

Legal form under which the business operates Corporation Partnership Sole Proprietorship Other

Street address

City

Province

Postal code

Phone

Email

Bank and credit information

The transit, institution and account numbers are printed along the bottom of a business cheque.

Bank name

Branch address

Account number

Transit number (5 digits)

Institution number (3 digits)

Contact name at the bank

Bank phone

Type of account Chequing Savings

Trade references

Two suppliers you buy from on account. A third is optional.

Trade reference 1

Company name

Contact name

Phone

Address

Account opened since

Credit limit

Current balance

Trade reference 2

Company name

Contact name

Phone

Address

Account opened since

Credit limit

Current balance

Trade reference 3 (optional)

Company name

Contact name

Phone

Address

Account opened since

Credit limit

Current balance

Terms and signature

I hereby certify that the information contained herein is complete and accurate.
Claims arising from invoice must be made within seven working days.
By submitting this application, you authorize Building Store Inc. to make inquiries into the banking and business/trade references that you have supplied.
All invoices are to be paid 30 days from the date of invoice.

Your electronic signature is binding. By signing this application electronically, I agree that my electronic signature is legally binding and has the same effect as my handwritten signature on a paper copy of this application.

I have read and agree to the terms above, and I agree that signing this form electronically is the same as signing it by hand.

Signature

Sign here

Your full name, as you signed

Please allow us up to two weeks to process your request. We will inform you about our decision by email.

Concord: 437.703.3003

Barrie: 289.379.7988

Mississauga: 647.797.8899