A detailed credit application document for your clients to complete with terms of credit and conditions of sale to ensure your rights are protected.

Extending credit to your customers can be a big decision for your business. Protecting your interests is paramount, and ensuring you have a guideline and agreement in place that sets the relationship up for success is the first step.

A credit application allows you to collect important information about your customer so you know if they are a prime candidate for you to extend credit to. It gives you the information you need to perform any credit and company checks. It also gives you the names of people who have done business with them prior and will act as business references for them.

On the other hand, it also gives them very clear clauses around what is acceptable payment behaviour, and what will happen when they deviate from your process.

* Reduced legal action

* Know who you are doing business with

* Set the appropriate guidelines for payments

* Clear boundaries

* Increased cashflow

* Formalise informal agreements with clients

The template is a word document and is ready to download and edit immediately.

Once purchased, wait a few moments while it creates your download, and you can then download when the ‘DOWNLOADS READY’ box appears. You will also receive an email with the downloads so you can access them later.

Customise the template with your business name and logo. You can also change the theme template to update the colour profile to match your corporate colours. 

Read through every section and customise to your business. If something is not relevant, simply delete it. And of course, you can add any additional sections as you require.