An application form for a trading account with a business is used to qualify and sign up a potential new customer.
The form contains the customer's details and will also usually include space for the customer to provide references about their credit history. Finally, it should include a spot for the customer to sign to say they accept any terms and conditions or trading agreements.
If you are taking on a new customer and giving credit, you should ask them to sign an Account Application Form. It will help you to confirm and check the customer's details and trading references.
You can also use an Account Application Form to get your new customers to accept your terms and conditions of trade, so you get the contract in writing and secure your right toget paid.