Business Advantage Credit Card

Information About Business

*Legal Name of Business  
*Company Name  
*Billing Address  
*Billing City, State, Zip  
*Location Address  
*Location City, State, Zip  
*Tax Identification Number  
*Contact Person  
*Telephone Number  
Merchandise or Service Provided  
*Type of Ownership: Corporation  Partnership  Sole Proprietor  Other

*Years in Business

  
 

Please Issue a Credit Card to the following authorized users:

*Name to Appear on Card

*Authorized Credit Line

*Social Security Number
 

Total Credit Lines:

Total

Payment Option Desired
$ Consolidated Pay 
Individual Pay

Principals / Officers

*Name  
*Title  
*Social Security Number  
*Home Telephone Number  
*Home Address  
*City, State, Zip
*% Ownership  
Name  
Title  
Social Security Number  
Home Telephone Number  
Home Address  
City, State, Zip  
% Ownership  

*Required

Required Documentation

Please submit the following documentation with the application:

Corporations, Partnerships, and Sole Proprietorships:

  1. Resolution:
    Corporations: Current Corporate Resolution containing borrowing authorization.
    Partnerships: Current Partnership Resolution containing borrowing authorization.
    Sole Proprietorships: Current Sole Proprietorships Resolution containing borrowing authorization.
  2. The Company's tax returns and financial statements, including the balance sheet and income statement for the past two years. Also include the most recent interim financial statements.
  3. If the Company is less than two (2) years old or the credit decision will be based solely on the principal owner(s), submit the principal owner(s) tax returns for the past two years.
  4. Personal Financial Statement for principal owner(s).
  5. Personal guarantee (below signature).

Associations, Non-Profit Organizations, or Unincorporated

  1. Resolution: Borrowing resolution or minutes from meeting where decision was made to obtain credit card, stating desired credit line(s).
  2. Articles of Association:
    Contains By-Laws
    Defines entity as Association or Corporation
    Should contain borrowing authorization
  3. Financial statement or cash flow statement (2 years) should include: beginning cash, receipts, expenses, and ending cash
  4. Statement of assets and liabilities (balance sheet); assets could be a general listing of what the association owns.

Signatures

The undersigned company by its authorized officer(s) requests a business credit card account be opened on behalf of the company and that business cards be issued on said account. The undersigned authorizes The Bank to receive and exchange credit information, both on the company and the guarantor(s) and agrees to be bound by all terms and conditions of agreements made applicable to company's accounts. The undersigned company by its authorized officer(s) certifies that all of the information provided above and in financial statements and other documentation submitted herewith are true and correct and that the business card account will be utilized solely for business purposes (not to be used for consumer purposes). The undersigned agrees to provide additional financial information upon request. To help the government fight the funding of terrorism and money laundering activities, Federal law requires us to obtain, verify, and record information that identifies each person who opens an account. The information requested includes name, street address, date of birth, and Social Security number. We may also ask to see your driver's license or other identifying information. The principal owner(s) of the company should also sign in the Personal Guarantee section below.

1) Principal's / Officer's Signature

 Date
2) Principal's / Officer's Signature
 		 Date

Personal Guarantee of Payment

I/We , as an individual(s), in consideration of the foregoing, absolutely guaranty, without any restriction, condition, or limitation, payment of any and all charges made on and performances of all obligations of the company and the employees under this MasterCard/Visa Business card account(s).
 
Signature Signature Date

Please note that applications submitted will not be processed until we have verified your information and identity by having you visit one of our Cornerstone National Bank offices. A Customer Service Representative will contact you within 2 business days of your request.