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Business Credit Application
Please read the following information before completing this application (“Application”).
By signing below, you (the “Customer” or “Company”) acknowledge and certify that: (i) all of the information below is complete and accurate and you authorize the Program Operator. (“KAPED” or “we”) to check with credit reporting agencies, credit references, and other sources we deem appropriate in investigating the information given; (ii) you agree that the terms of use of the account and/or card(s) will be governed by the KAPED Terms and Conditions(the “Terms”) attached hereto and incorporated by reference (the “Terms” and “Application” collectively, the “Agreement”); (iii) the person signing below is either a proprietor, general partner, or officer of the Company with authority to enter into the Agreement; (iv) you will provide financial statements for the last two (2) years if requested; and (v) KAPED may review the personal credit of the undersigned if this Application is for a partnership or a proprietorship to make a credit decision and a consumer report of the undersigned may be obtained. Direct inquiries of employers and businesses where the undersigned maintains accounts may also be made; and in the event you do not meet your obligations under the Agreement, KAPED may report your liability for and the status of the account to credit bureaus and others who may lawfully receive such information.
Company understands that KAPED may require a guarantee, letter of credit, surety bond, or other acceptable form of security in order for Company to receive credit. Company also understands that credit on this account, once approved, will be extended by KAPED and there is no binding contract until KAPED approves Company’s Application for credit and the Agreement is executed.
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