COMPANY INFORMATION

Legal Business Name

  Assumed/Fictitious or DBA  

 

Date Established

Federal ID # Number of Employees Fiscal Year End

     


MAIN OFFICE ADDRESS


MAILING ADDRESS ( Same as main)

Street

State

Street State

 

 

City

Zip Code

City Zip Code

 

 

 

Telephone

  Fax  

 

Email

Website address

Brief Description of business

Business Legal Structure If Corp., give year

 
If Other, Specify If Corp., select state
How did you hear about American Factors Corporation?
 

Has there been a change of owners during the last 12 months or has there ever been a change of name of the business?

No

Yes

If yes, explain:

           

Name of Present Bank

Account Name Account Number  

   

Bank Address

City State Zip Code

 

     

Accountant's Name

     

     

Accountant's Address

City State Zip Code

       

TYPE OF BUSINESS

Check One:

Manufacturer

Wholesaler

Jobber

Retailer

 

Other

Please specify:
         


ACCOUNTS RECEIVABLE INFORMATION


Billings -- Last 12 months

Billings -- Projected next 12 months
   
Average # of Invoices/Month

Annual Bad Debt Write Off

   

 

   


Usual term of sale


Average receivable turn


Average Invoice Amount


 


 
       

A/R Aging, as of

Total$

 

 

 

   

01-30 Days -- $

31-60 Days -- $ 61-90 Days -- $ 91 + Days -- $

 

     
       

Top Ten Customers Comprise Approximately Percent of Total Yearly Sales

 

 

     

Number of Customers Anticipated to be Factored:

 

 

 

 

Average Number of Invoices that are anticipated to be Factored per month:  

 

 

 

 

 

 

   

Are any Federal and/or State taxes past due?

No

Yes

 

Is this company now, or has it ever been, in Bankruptcy?

No

Yes

 

Has this company ever factored or pledged its receivables?

No

Yes

 

Are this company's receivables presently factored or pledged?

No

Yes

 

Has any company with whom an officer, owner or director has been associated within the

 

last ten (10) years factored or pledged its receivables?

No

Yes

 

 

       

If the answer to any of the previous five questions is "Yes", please give details, including names and addresses of party to whom receivables are or were factored or pledged and dates and name of company that pledged or factored its receivables:

 

INDIVIDUAL INFORMATION

Please list all OFFICERS and/or DIRECTORS of company:
 
 

Last Name

Home Address

 

First Name

City

 

Middle Name

State

Zip

1

Home Phone

Social Security #

 

Date of Birth

Place of Birth

  Drivers License #

State Issued

  Company Title

 

 
 

Director

No

Yes

Percent of Ownership

 

 

Last Name

Home Address

 

First Name

City

 

Middle Name

State

Zip

2

Home Phone

Social Security #

 

Date of Birth

Place of Birth

  Drivers License #

State Issued

  Company Title

 

 
 

Director

No

Yes

Percent of Ownership

 

 

Last Name

Home Address

 

First Name

City

 

Middle Name

State

Zip

3

Home Phone

Social Security #

 

Date of Birth

Place of Birth

  Drivers License #

State Issued

  Company Title

 

 
 

Director

No

Yes

Percent of Ownership

 

DOCUMENTS ATTACHED

First page of Articles of Incorporation

No

Yes

 

DBA, Assumed, Fictitious or Trade Name Certificate

No

Yes

 

Most recent Accounts Receivable Aging Report

No

Yes

 

List of Customers proposed to be Factored

No

Yes

 

Most recent Profit & Loss Statement and Balance Sheet

No

Yes

 


 

DECLARATION

By submitting this form, I hereby certify that the information supplied in this Factoring Application and all forms and documents submitted to American Factors Corporation in connection herewith is true and correct to the best of my knowledge and belief. 

I hereby authorize American Factors Corporation to investigate my/our financial responsibility and credit worthiness and will provide financial statements, tax returns, etc. as American Factors Corporation deems necessary.  I/We hereby grant American Factors Corporation the right to procure any and all credit reports pertaining to any party to this application.

Submitted by

Title

Date

     


 

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