Latest from the Blog

Anti Money laundering reports

Special offer to supply Anti Money Laundering reports at a discounted rate.    Purchase 25...

01 July 2014

Latest from Twitter

 

Credit Control Tips for opening a new Credit or Customer Account for 2013

A New Customer Credit application for new customer accounts

 

In the 17 years Creditserve Business Information Ltd has been trading we have been asked on many occasions to assist clients in reviewing their processes and procedures for opening new customer credit accounts.

The starting off point for all businesses should be to obtain a credit application form that needs to be completed and signed by a legal officer of the business, such as a Director for a limited company, sole proprietor or partners for a non limited business.

 

Please find a list of the most important information that should be requested on a credit application form:-

1. Full Business name and address
2. Confirmation of whether the business is a limited company a sole trader business or a partnership.
3. The correct Registered name and company registration number (for Limited companies)
4. The full name(s) and residential address(es) of the proprietor or all of the partners (for Sole Traders or Partnerships).

As the proprietor or partners are personally liable for the business debt it is imperative that you obtain the residential address or addresses for all the parties.  

5. Within the credit application form their should be a section that is signed by one of the legal officers.
    This will give consent for credit checks to be carried out now and in the future on both the business 
    and personal checks against the owners of the business.

If you require any additional information regarding credit application forms please contact us http://www.creditserve.co.uk/Contact-Us or complete or online form.

Creditserve Business Information ltd also specialise in providing  bespoke credit information on non limited businesses, which are sole traders and partnerships.

 

For more information please visit our online credit report shop.

Kind regards

Chris York
Creditserve Business Information Ltd

 

Google Author: "By Chris York"

Request a callback or visit our online shop Creditserve Contact Icon Creditserve Online Shop Icon
WorldPay Payments Processing

Creditserve Business Information Ltd is registered by the Financial Conduct Authority under registration number 626460.
Authorisation can be checked on the consumer credit register at www.fca.org.uk