ELITE Business

CREDIT APPLICATION
Date

MonthDayYear
Date
Amount Credit Line Requested: $
BUSINESS INFORMATION:
Legal Business Name*
DBA
Please enter your DBA if applicable
EIN Number*
Applicant First Name*
Applicant Last Name*
Title*
Phone Number*
Please enter a valid phone number.
Address*

Street Address

Street Address Line 2

City. State. ZipState / Province

Postal / Zip Code
Type of Business:*

Corporation:Partnership:Sole Proprietorship:Non/Profit:
Date of Incorporation*

MonthDayYear
Please enter the date your business was incorporated.
State of Incorporation*
Please enter the state that your business was incorporated.
Status of Business/Practice:*
Dun & Bradstreet Number.*
Please enter your Dun & Bradstreet Number if applicable.
Owner/Principal Name*
Social Security Number*
Legal Business Address*

Street (home address)

Street Address Line 2

City, State, ZipState / Province

Postal / Zip Code
Owner/Principal Name
Social Security Number
Street (home address):

Street (home address)

Street Address Line 2

City. State, ZipState / Province

Postal / Zip Code
Attach Front of Drivers License*

Please attach clear photo of front side of drivers license.
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Attach Back of Drivers License*

Please attach clear photo of back side of drivers license.
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Attach Photo a of Voided Check*

Please attach a clear photo of a voided check.
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Attach Photo a Social Security Card*

Please attach a clear photo of your social security card.
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Do any unsatisfied judgments exist?*

YesNo
If yes, please explain
Have you ever filed Bankruptcy?*

YesNo
If yes, please explain
BANK AND TRADE RELATIONSHIPS:
Primary Bank*
Branch
Phone Number*
Please enter a valid phone number.
Bank Officer*
Account #
Other Bank/s
Phone Number
Please enter a valid phone number.
Bank Officer
Account #
TRADE REFERENCES:
Name
Phone Number
Please enter a valid phone number.
Contact
Name
Phone Number
Please enter a valid phone number.
Contact
Name
Phone Number
Please enter a valid phone number.
Contact
In consideration for credit being extended, we acknowledge and agree to the following: (1) Payment or I am jointly, severally, and unconditionally guaranteed within 30 days of the date of delivery; (2) any charges unpaid after the 15TH day will be charged 20.24 APR; (3) any charges still outstanding after 90 days from date of delivery are subject to collection, and all collection or arbitration expenses, attorney's fees, and court costs will be borne by the purchaser; (4) title to all work shall remain with the creditor until all invoices and additional charges have been paid in full; (5) all claims, requests for adjustments, or notification of errors must be made within thirty days, or charges are considered accepted; (6) this agreement shall apply to all current and future charges unless revocation is received by registered mail; (7) credit privileges may be withdrawn at any time without invalidating the terms of this agreement.
CREDIT CANNOT BE EXTENDED UNTIL THIS FORM IS COMPLETED AND VERIFIED
Signature*

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Date*

MonthDayYear
Date
Title*

Tradeline Agreement
Acceptance of Agreement
YOU ACCEPT THIS AGREEMENT IF YOU DO NOT CANCEL YOUR ACCOUNT WITHIN 30 DAYS OF RECEIVING A CARD. YOU ALSO ACCEPT THIS AGREEMENT IF YOU OR AN AUTHORIZED USER USE THE ACCOUNT. YOU MAY, HOWEVER, REJECT THE “ARBITRATION OF DISPUTES” SECTION AS EXPLAINED IN THAT SECTION.
CHANGES TO YOUR AGREEMENT
The rates, fees, and terms of this Agreement may change from time to time. We may add or delete any term to this Agreement. If required by law, we will give you advance written notice of the change(s) and a right to reject the changes(s). We will not charge any fee or interest charge prohibited by law.
CREDIT SCORE
Credit will be evaluated based on your corporate Risk Score. A Corporate Score between 30-50 (Moderate) is required. The Credentials Risk Score works on a scale of 1-100 and predicts the likelihood that a business’s payment performance will become seriously delinquent, defined as 90-plus days beyond terms within the next 12 months, or that the business will go bankrupt.
CREDIT LINES
We will tell you what your Account credit line is. You must keep your Account balance below your Account credit line. If you do not, we may request immediate payment of the amount by which you exceed it. We increase or decrease your Account credit line without notice. We may delay increasing your available credit by the amount of any payment that we receive for up to 10 business days.
LATE FEES
If you do not pay the Minimum Payment Due by the Payment Due Date, we will charge you a Late Fee. The fee is $30 if you were not charged a Late Fee during any of the prior six billing periods. Otherwise, it is $41. The fee will never exceed the Minimum Payment Due immediately prior to the date on which the fee was assessed.
RETURNED PAYMENT FEE
If you make a payment that is not honored by your financial institution, we will charge you a Return Payment Fee even if the payment is honored after we re-submit it. The fee is $30 if you were not charged a Returned Payment the fee is $41. This fee will never exceed the Minimum Payment Due immediately before the date the payment was returned to us.
ANNUAL PERCENTAGE RATE
The Annual Percentage Rate (APR) will be 20.24%
AUTHORIZED USERS
Authorized users are not allowed at this time.
Initial*

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PENALTY APR
PAYMENT INSTRUCTIONS
• You must pay in U.S. dollars. Please do not send cash. All checks must be drawn. • You must pay us for all amounts due on your Account. • We may refuse to accept payment in a foreign currency. If we do accept it, we will charge your Account our cost to convert it to U.S. dollars. • We can accept late payments, partial payments, or payments marked “payment in full” or with any other restrictive endorsement without losing any of our rights under this Agreement. • We will credit your payments per the terms of your billing statement. • If you mail your payment to an address other than the address designated on your billing statement, there may be a delay in processing and crediting the payment to your Account. • If a third party makes a payment on your Account and we return all or a part of such payment, then we may adjust your Account for any amount returned. We reserve the right to defend ourselves against any demand to return funds we have received and may agree to a compromise of the demand amount as part of a settlement.
MINIMUM PAYMENT DUE
You may pay the entire New Balance shown on your billing statement at any time. Each billing period you must pay at least the Minimum Payment Due by the Payment Due Date shown on your billing statement. The Minimum Payment Due will be any amount past due plus the greater of $25, of the New Balance should be on your billing statement, Interest and fees in consideration for credit being extended, we acknowledge and agree to the following: (1) Payment or I am jointly, severally, and unconditionally guaranteed within 30 days of the date of delivery: (2) any charges unpaid after the due date will be charged a late fee; (3) any charges still outstanding after 90 days from date of delivery are subject to collection, and all collection or arbitration expenses, attorney's fees, and court costs will be borne by the purchaser; (4) title to all work shall remain with the creditor until all invoices and additional charges have been paid in full; (5) all claims, requests for adjustments, or notification of errors must be made within thirty days, or charges are considered accepted; (6) this agreement shall apply to all current and future charges unless revocation is received by registered mail; (7) credit privileges may be withdrawn at any time without invalidating the terms of this agreement.
HOW WE APPLY PAYMENT
We apply payments and credits at our discretion, including in a manner most favorable or convenient for us. In all cases, we will apply payments and credits as required by applicable law. For each billing period, we will generally apply amounts you pay that exceed the Minimum Payment Due to balances with higher APRs before balances with lower APRs as of the date we credit your payment.
HOW WE CALCULATE THE INTEREST CHARGE
Interest charges will be calculated each billing period by multiplying the daily outstanding balance by its daily periodic rate. We do this for each day in the billing period. To get a periodic rate, we divide the APR by 365. We add up all the daily interest charges. The sum is the total interest charge for the billing period. Due to rounding or a minimum interest charge, the interest calculation may vary from the interest charge assessed. If the outstanding balance is less than $25.00, the minimum amount due is $25.00 before interest is accrued.
INITIALS*

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DEFAULT
The company is in default if: (i) The company fails to comply with terms with us or an Affiliate, including failing to make a required payment when due, exceeding your Account credit line, or using your Card or Account for an illegal transaction; (ii) a bankruptcy or other insolvency proceeding is filed by the company (iii) We reasonably believe the company is unable or unwilling to repay the balance owed (iv) We are given misleading, false, incomplete, or incorrect information or you fail to give us any information we deem necessary (v) You die or are legally declared incompetent or incapacitated. If you are in default, we may declare the entire balance of your Account immediately due and payable without notice.
COLLECTION COSTS
If we use an attorney to collect your Account, we may charge you our legal costs as permitted by law. These include reasonable attorneys’ fees, court or other collection costs, and fees and costs of any appeal.
MERCHANT DISPUTES
If you have a dispute with a merchant, you may request a credit to your Account. If we resolve the dispute in your favor, we will issue a credit to your Account. You assign to us your claim for the credited amount against the merchant and/or any third party. At our request, you agree to provide this assignment in writing.
AUTOMATIC ACCOUNT INFORMATION UPDATES
You may set up automatic billing or store your Account information with an Affiliate, merchant, wallet provider, or another third party (“Permitted Party”). If you do, you authorize us to share your Account information, which may include your rewards account balance with the Permitted Party, regarding the use of your Account. If your Account information changes, which may include your billing address, you authorize us to provide this updated information to any such Permitted Party at our discretion. You must contact the Permitted Party directly or remove your credit card information from the Permitted Party website if you wish to stop automatic billing or Account updates.
OUR PRIVACY POLICY
We send you our Privacy Policy when you open your Account. Contact us or visit myEliteProducts.com if you would like a copy. Please read it carefully. It summarizes the personal information we collect, how we safeguard its confidentiality and security; when it may be shared with others, and how you can limit our sharing of this information.
CREDIT REPORTING INFORMATION
You authorize us to get information from credit reporting agencies and other sources for servicing or review of your Account, collection, and any other use permitted by law. The account status and payment history are reported to all three credit bureaus: Equifax, Trans Union, and Experian, should the company default and the personal guarantor default on payments.
OUR COMMUNICATIONS WITH YOU
Your company agrees that we, including service providers (“Authorized Parties”), may contact you, including calls, text messages, or emails, about any current or future accounts or applications concerning all products you have with us at any phone number or email (i) you have provided to us (ii) from which you contacted us, or (iii) which we obtained and believe we can reach you at, even if your phone provider may charge you message and data rates for calls or texts. You agree that the Authorized Parties may record or monitor any calls between you and the Authorized Parties. You agree to notify us if you change or discontinue using any phone number you provide. You agree that the Authorized Parties may contact you using an automatic dialer or pre-recorded voice message. If you no longer wish to be contacted on your cell phone by an automated dialer or pre-recorded voice message, you must provide us written notice canceling your consent at this address: 504-A Capital Circle, Tallahassee, FL 32301 (P O Box preferred). Include your name, mailing address, the last four digits of your account number, and the specific cell phone number for which you would like to cancel your consent to be contacted by an automated dialer or pre-recorded voice message.
INITIALS*

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UNAUTHORIZED USE
You must notify us immediately if your card is lost or stolen, or if you believe someone is using your Account or Card without your permission
CANCELLATION OF YOUR ACCOUNT
You may cancel your Account. You will remain responsible for any amount you owe us under this Agreement. Any joint Accountholder may cancel a joint Account. However, both of you will remain responsible for paying all amount owed. We may cancel, suspend or not renew your Account at any time without notice.
CONTACT US
Unless we tell you otherwise, you can notify us by phone at 1-800-521-9056 or in writing to Elite Business Strategies, 504-A Capital Circle, SE Tallahassee, FL 32301. When writing please include your name address, phone number, and Account number. You must contact us within 15 days of changing your email address, mailing address, or phone number.
DEFINITIONS
“Account” means your myEliteProducts Tradeline of Credit card account • “Card” means any one or more myEliteProducts Tradeline of Credit cards issued to you or someone else with your authorization.; • “Purchase” means the use of your Account to purchase goods; • “We, “us” and “our” refer to myEliteProducts, the issuer of your card; • “You”, ‘your” and “yours” refer to you and any other person(s) who are also contractually liable under this Agreement; • “Transaction Date” means the date shown on your billing statement for a transaction or fee;
AGREEMENT TO ARBITRATE
In the event of a dispute between you and us arising out of or relating to this Account or the relationships resulting from this Account or any other dispute between you on us, including, for example, a dispute base on a federal or state statute or local ordinance (“Claim”) either you or we may choose to resolve the Claim by binding arbitration as described below, instead of in court. In Claim (except for a Claim challenging the validity or enforceability of this arbitration agreement including the Class Action Waiver) may be resolved by binding arbitration if either party requests it. THIS MEANS IF EITHER YOU OR WE CHOOSE ARBITRATION, NEITHER PARTY WILL HAVE THE RIGHT TO LITIGATE SUCH A CLAIM IN COURT OR TO HAVE A JURY TRIAL. ALSO, DISCOVERY AND APPEAL RIGHTS ARE LIMITED IN ARBITRATION. Even if all parties have opted to litigate a Claim in court, you or we may elect arbitration concerning any Claim made by a new party or any new Claims later asserted in the lawsuit.
INITIALS*

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AGREEMENT TO ARBITRATE
This arbitration agreement does not apply if on the date you submit your application or on the date we seek to involve this arbitration agreement, you are a member of the Armed Forces or a dependent of such a member covered by the federal Military Lending Act.
Class Action Waiver. Arbitration must be on an individual basis. This means neither you nor we may join or consolidate claims in arbitration by or against other cardmembers, or litigate in court or arbitrate any claims as a representative or member of a class or in a private Attorney General Capacity.
The arbitrator may award injunctive relief only in favor of the individual party seeking relief and only to the extent necessary to provide relief warranted by that party’s Claim. The arbitrator may not award class, representative, or public injunctive relief. If a court decides that applicable law precludes enforcement of any of this paragraph’s limitations as to a particular claim for relief, then after all appeals from that decision have been exhausted, that Claim (and only that Claim) must be severed from the arbitration and may be brought in court. Only a court, and not an arbitrator, shall determine the validity, scope, and effect of the Class Action Waiver.
Your and Our Right to Go to Small Claims Court. You and we will not choose to arbitrate any individual Claim you or we bring in a small claims court (or an equivalent court). This means you or we may bring an action in a small claims court (or an equivalent court) without being subject to arbitration. However, if a Claim is transferred, removed, or appealed from the small claims court to a different court, or if any Claim brought in a small claims court exceeds the small claims court limit, you or we may then choose to arbitrate.
Governing Law and Rules. This arbitration agreement is governed by the Federal Arbitration Act (FAA). Arbitration must proceed only with the American Arbitration Association (AAA). The rules for the arbitration will be those in this arbitration
agreement and the procedures of the AAA, but the rules in this arbitration agreement will be followed if there is a disagreement between agreement will be followed if there is a disagreement between the agreement and the AAA’s procedures. If the AAA’s procedures change after the Claim is filed, the procedures in effect when the Claim was filed will apply.
INITIAL*

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Signature*

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By signing above, you acknowledge and accept the Terms and Conditions of this Agreement.
Should be Empty:

CREDIT APPLICATION

BUSINESS INFORMATION:

BANK AND TRADE RELATIONSHIPS:

TRADE REFERENCES:

CREDIT CANNOT BE EXTENDED UNTIL THIS FORM IS COMPLETED AND VERIFIED

Tradeline Agreement

AGREEMENT TO ARBITRATE