CREDIT APPLICATION Submit Online or Download and Fax to 770-729-0135 The undersigned is applying for credit with D.B.M Import Export Inc. and (DBM) agrees to abide by the terms and conditions of D.B.M.’s standard contract. |
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| Company Name | | | |
| Address | | | |
| Phone | | Fax | |
| Federal Tax ID or Social Security No. | | | |
| Type of Business | | No. of Employees | |
| Date Business Established | | | |
| Sales Tax Exemption Number | | | |
| Amount of Credit Requested $ | | | |
| Check which is applicable to you | | | |
| Corporation General Partnership Limited Partnership | |
| LLC Sole Proprietorship Other | |
| State where your company was organized | | | |
| Have you or any of your affiliates ever had credit with us before or purchased from us before? | Yes No | |
| If yes, under what name? | | | |
| Name or title of persons authorized to act on your behalf | | | |
| Trade References | | | |
| Reference #1 Name and Address | | | |
| Phone | | Fax | |
| Reference #2 Name and Address | | | |
| Phone | | Fax | |
| Reference #3 Name and Address | | | |
| Phone | | Fax | |
| Bank References | | | |
| Bank #1 Account # | Phone | | |
| Contact Person | | | |
| Name of Bank | | | |
| Address | | | |
| Bank #2 Account # | Phone | | |
| Contact Person | | | |
| Name of Bank | | | |
| Address | | | |
| Financial Information about your Company | | | |
| Assets: $ | | | |
| Liabilities: $ | | | |
Approximate Annual Gross Sales: $
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| Have you or your officers or affiliates ever filed a petition in bankruptcy? | YesNo | | |
| Are you subject to any litigation? | Yes No | | |
| If so, describe here | | | |
| Are you current in meeting your other financial obligations? | Yes No | | |
| I have read the terms and conditions stated below and agree to all of those terms and conditions. |
| Name of Company | | | |
| Authorized Signature | | | |
| Printed Name | | | |
| Title | | Date | |
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DBM Import Export Credit Policy Credit Application Guidelines: In order to expedite the process of evaluating this credit application please: - Write legibly and clearly
When referencing a vendor be sure to include a fax number because correspondences with these businesses will be coordinated through facsimile and not by phone When referencing corporations/businesses that have offices in more than one location, e.g. Mohawk or Shaw Industries, please be specific as to which office your business has a relationship with in order to avoid confusion during this evaluation procedure
We verify creditworthiness by: - Credit application information
- Ordering a credit report
- Checking references
The maximum amount of credit a customer can qualify for is: The credit limit may be reduced if the customer has: - A poor credit rating
- An unreliable payment history with us
- One or more past due bills
We offer the following terms: - Prepayment in full for the first and second orders
- 50% deposit with balance due upon delivery for the third order placed
- 30 days net credit with all future orders
- We do not offer payment term discounts
Late payment results in: - Late fees of $50.00 per order
- Finance charges of 1.5% per month
- Reduced credit limits
- Revocation of credit privileges
We collect overdue bills by taking the following steps: - At 1 day(s) past due, DBM will make a courtesy call
- At 7 day(s) past due, DBM will send a friendly reminder
- At 2 week(s) past due, DBM will send a formal letter
- At 3 week(s) past due, DBM will call the customer as a “Final” reminder
- Collection letter after 4 week(s), then to Collections after 5 weeks
We handle cancellations and overage returns as follows: - There is a 20% restocking fee and the customer is responsible for ALL SHIPPING Charges.
General: - All bills become payable in full 30 days after receipt. If not paid by such time, bills are considered past due and could result in the account being put on credit hold.
- All accounts will be closed after one year of non-activity.
- If account is more than 30 days past due, NO NEW ORDERS WILL BE PROCESSED WITHOUT PREPAYMENT.
- Accounts with no activity for 18 months will be closed, and another credit evaluation will need to be done before any new orders are taken.
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