Choose your card:
Business Card Business Rewards Card / Total Amount
Requested: $ / Legal Name (under which tax returns are filed) (“Company”):
Describe Your Product/Service: / Company or DBA Name:
Date Business Established (MM/YY):
Date Under Current Management (MM/YY): / Annual Gross Sales/Revenue:
$ / Annual Net Profit:
$
# of Employees: / Number of Owners or Shareholders: / Business Phone Number:
Type of Ownership: Sole Proprietor General Partnership Limited Partnership Corporation Nonprofit Org. LLC LLP Other
Federal Tax ID Number: / Email Address: / Mobile Phone Number:
Street Address: / City, State, ZIP:
Mailing Address (If different from Street Address): / City, State, ZIP:
Additional Documents:
Financial Statements Other
Certain businesses may be required to provide Financial Statements regardless. Maximum individual credit card limit is $50,000; minimum $1,000.
PERSONAL INFORMATION Complete the Personal Information section for each owner or shareholder (20%) or more. Attach additional sheets if necessary.
Auth. Rep. & Signer#1 (please print): / Title: / % Ownership: / DOB: / SSN:
Street Address (if different than above Company address): / City, State, ZIP: / Primary Phone Number:
() / Ever Filed for Bankruptcy?
Yes No
Alimony, child support, or separate maintenance need not be revealed if you do not wish to have it considered as a basis for repaying this obligation. / Annual Household Income (excluding Annual Net Profit above): / $ / Own Home
Rent / Monthly Payment:
$
Auth. Rep. & Signer#2 (please print): / Title: / % Ownership: / DOB: / SSN:
Street Address (if different than above Company address): / City, State, ZIP: / Primary Phone Number:
() / Ever Filed for Bankruptcy?
Yes No
Alimony, child support, or separate maintenance need not be revealed if you do not wish to have it considered as a basis for repaying this obligation. / Annual Household Income (excluding Annual Net Profit above): / $ / Own Home
Rent / Monthly Payment:
$
Auth. Rep. & Signer#3 (please print): / Title: / % Ownership: / DOB: / SSN:
Street Address (if different than above Company address): / City, State, ZIP: / Primary Phone Number:
() / Ever Filed for Bankruptcy?
Yes No
Alimony, child support, or separate maintenance need not be revealed if you do not wish to have it considered as a basis for repaying this obligation. / Annual Household Income (excluding Annual Net Profit above): / $ / Own Home
Rent / Monthly Payment:
$
Auth. Rep. & Signers listed above are legally authorized by the business to transact and make any and all decisions on behalf of the business
Issue Cards To / Social Security Number / Credit Limit Requested / Allow ATM Access? (Cash Advance Privileges)Print Name(s) of Authorized Person(s)
(Maximum of 21 Letters & Spaces) / (required for identification purposes) / (combined limits not to exceed total amount requested for company) / Yes / No
CONTROL ACCOUNT – this will be considered “Head of Household” for intro reward Point bonus offer and Account reward Point accumulation among cardholders, as applicable:
1.
ADDITIONAL CARDS SHOULD BE ISSUED TO:
2.
3.
4.
5.
6.
7.
Balance Transfer (Optional)
1. Card Issuer/Bank Name: / Amount to Transfer ($500 minimum):
Card Issuer/Bank Street Address: / City, State, ZIP:
Account Number: $
2. Card Issuer/Bank Name: / Amount to Transfer ($500 minimum):
Card Issuer/Bank Street Address: / City, State, ZIP:
Account Number: $
AUTHORIZATION AGREEMENT FOR AUTOMATIC PAYMENT
Initial here______if Applicant is signing up for an automatic payment from its Checking Account; Bank Routing #: Banking Checking Account #: and authorizes Bank of the West (referred to as “BankCard Center”) to deduct from the account at the financial institution listed above for the monthly Credit Card payment. Applicant understands this authorization will remain in effect until revoked by Applicant or BankCard Center. To change or terminate this authorization, Applicant agrees to provide written notice to BankCard Center at least 10 business days before the next payment due date, and BankCard Center shall have reasonable time to act on any notice of termination given. BankCard Center may also terminate this authorization for any reason. If this authorization is terminated for any reason, Applicant agrees to make payments by other methods permitted by the Credit Card agreement. Applicant understands all payments will be deducted on or around the 25th day after the billing date and will appear on the deposit account statement. The payment deducted will be the ENTIRE BALANCE OWED shown in the monthly Credit Card statement. Applicant understands that Applicant will still be responsible for any late fees, charges or other consequences of late or non-payment, whether because of insufficient funds, Applicant’s error or the error of Applicant’s financial institution.
If the line authorizing automatic payments is not initialed, Applicant will be responsible for making monthly payments at the time and in the manner specified in the Welcome Letter and the Disclosure. Failure to timely make payments may result in a late charge, imposition of a default interest rate and/or the suspension or termination of advances under any line of credit, and BankCard Center may pursue any other default remedies available to BankCard Center under the Agreement and state law, including the right to declare the entire unpaid principal balance of all loans to be immediately due and payable.
Agreement and Signature(s):If Bank of the West (“Bank”) approves this Application, Company agrees, with respect to all cards issued by Bank, to all of the terms and conditions of all applicable agreements for the Business Credit Card requested and approved, including but not limited to the Credit Card Agreement (Business Cards), as amended from time to time. Upon approval, a copy of each applicable agreement will be provided along with the card(s) issued to Company or with a letter informing Company that its business credit card account has been opened.
Company represents and warrants that the authorized signer(s) below has the authority to (i) designate initially the officers, members, managers, partners, agents, employees, or other representatives (collectively the “Representatives”) of Company to receive card(s) and (ii) to add or delete names of such Representatives or revise requested credit limits from time to time. Company requests Bank to issue in the name of Company, and to encode and validate MasterCard(s) each bearing, in addition to the name of Company, the name of the above Representatives, and such others as may be designated in writing by Company from time to time. Each such Representative(s) is authorized by Company to use the card(s). Company further agrees that Bank may, pursuant to Company’s instructions, allocate Company’s total credit limit by establishing individual credit limit(s) for each of the card(s).
By so indicating in the spaces provided above, Company requests Bank to assign a Personal Identification Number (PIN) to each Representative for whom ATM access is authorized, which will enable such Representative to obtain cash advances through any “qualified ATMs” (as such term is defined in applicable agreements).
Important Information about procedures for opening a new account: To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person or business entity that opens an account. What this means for you: When you open an account, we will ask for your name, street address, federal identification number, and other information that will allow us to identify your business entity or you.
1. Each person(s) signing this Application certifies that
(i) s/he is at least 18 years old,
(ii) s/he is authorized to execute and deliver this Application and to enter into the applicable agreements set forth or referred to herein on his/her behalf and on behalf of Applicant named on the Application,
(iii) the Loan requested under this Application is for business credit only and not for personal, family or household purposes, and
(iv) all information and documents submitted are true, correct and complete.
2. Each person(s) signing this Application authorizes Bank, both now and in the future, to obtain consumer credit reports in his/her name(s) as individuals, to obtain business credit reports on Applicant, to make available to, and to obtain from other subsidiaries of BancWest Corporation information related to both his/her and Applicant’s financial condition, and to provide credit bureaus and others with information about experiences with such person and Applicant.
3. Each person(s) signing this Application is providing ‘written instructions’ to Bank under the Fair Credit Reporting Act authorizing Bank, both now and in the future, to obtain information from his/her credit profile or other information from a credit bureau. You further authorize Bank to obtain such information to confirm your identity and to help avoid fraudulent transactions in your name.
4. The person(s) signing this Application acknowledges on behalf of himself/herself and Applicant that if additional information becomes available which would have influenced Bank's decision to approve this Application prior to the closing of the transaction or the making of any advance, Bank reserves the right to withdraw such approval and to not make any advance.
5. Applicant designates any person signing this Application to receive all communications from Bank and understands that Bank will retain this Application whether or not it is approved. Giving of notice to any one such person shall be sufficient to comply with Bank’s notice requirements.
6. If Bank approves the Application, Applicant will be bound by the applicable agreements.
7. Applicant understands that additional information may be requested in connection with Bank’s review of the Application, and that failure to provide such additional information may result in denial of the Application.
8. Applicant agrees that Bank, Bank’s affiliates, agents and service providers may monitor and record telephone calls regarding Applicant’s account to assure the quality of service or for other reasons.
9. Our Communications with You: You agree that Bank, any of Bank’s affiliates, agents, independent contractors or service providers may monitor and record telephone calls regarding your banking services to assure the quality of our service or for other reasons. You expressly consent that Bank, any of Bank’s affiliates, agents, independent contractors or service providers may use written, electronic, or verbal means, or any other medium, as permitted by law and including, but not limited to, mail and facsimile, to contact you. Your consent includes, but is not limited to, contact by manual calling methods, prerecorded or artificial voice messages, text messages, e-mails and/or automatic telephone dialing systems. You agree that Bank, any of Bank’s affiliates, agents, independent contractors or service providers may contact you by using any e-mail or any telephone number you provide, including a telephone number for a cellular phone or other wireless device, regardless of whether you incur any charges as a result.
Borrower’s Signature: ______Date: Co-Borrower’s Signature: ______Date:
Print Name: Title: Print Name: Title:
Guarantees: All owner(s), member(s) and/or general partner(s) must complete. Attach a separate sheet if necessary.
To induce Bank of the West ("Bank") to enter into a Credit Card Agreement (Business Cards) with Company, the undersigned, jointly and severally if there are more than one signer (the “Guarantor”), (i) unconditionally and irrevocably guarantee(s) payment and performance (not of collection) to Bank of any and all amounts owed to Bank, including but not limited to all credit, advances, debts, obligations and liabilities of Company to Bank, under any or all of the foregoing agreements, however arising, whether due or not due, absolute or contingent, liquidated or unliquidated (the “Indebtedness”), as well as any extensions, increases, modifications or renewals of such Indebtedness, (ii) waives notice of acceptance, presentment, demand, protest, notice of nonperformance, and any other notice of any kind whatsoever with respect to the Indebtedness, and lack of promptness does not waive the making of any claim or demand hereunder, (iii) waives notice of the existence, creation or incurring of new or additional Indebtedness, (iv) waives notice of renewal, extension, acceleration, change of payment terms, change or release of security, or release or substitution of any one or more Guarantors, (v) waives any right to require Bank to proceed against Company or any other person or entity, proceed against or exhaust any security held by Company, or pursue any other remedy in Bank’s power whatsoever, (vi) agrees there is no right of subrogation (unless all Indebtedness from Company to Bank has been paid in full), and waives any right to enforce any remedy which Bank now has or may hereafter have against Company or any other person or entity, and any benefit of, and any right to participate in, any security now or hereafter held by Bank, (vii) waives the benefit of any statute of limitation affecting liability hereunder or enforcement thereof, (viii) agrees that Bank shall have a lien upon and a right of setoff against all moneys, securities, and other property of Guarantor now or hereafter in the possession of or on deposit with Bank, (ix) agrees any Indebtedness now or hereafter held by Guarantor is hereby subordinated to the Indebtedness of Company to Bank, and (x) agrees to pay all costs incurred by Bank in the enforcement of this Guaranty and/or in collecting any or all of the Indebtedness, including reasonable attorneys' fees. Guarantor hereby agrees that this is a continuing Guaranty relating to any Indebtedness, including that arising under successive transactions which shall either continue the Indebtedness or from time to time renew it after it has been satisfied. If this Application is not approved, then this Guaranty shall have no force or effect.
Signature: / Signature:
Print Name: / Date: / Print Name: / Date:
Signature: / Signature:
Print Name: / Date: / Print Name: / Date:
BOW Branch Use Only: / Date of Site Visit: / Reference #: / Cost Center #: / Employee #: / Promo Code:
Pricing and Terms for Business Credit Card(s)
Interest Rates and Interest ChargesAnnual Percentage Rate (APR) for Purchases / 0.00% Introductory APR for the first nine months from account opening for Business Card accounts.
After that, your APR will be 13.49% for Business Card accounts. This APR will vary with the market based on the Prime Rate.
15.49% for Business Rewards Card accounts. This APR will vary with the market based on the Prime Rate. Introductory APR is not available for Business Rewards Card accounts.
APR for Balance Transfers / 0.00% Introductory APR for the first nine months from account opening for Business Card accounts.
After that, your APR will be 13.49% for Business Card accounts.
15.49% for Business Rewards Card accounts. This APRs will vary with the market based on the Prime Rate. Introductory APR is not available for Business Rewards Card accounts.
APR for Cash Advances / 24.49%
This APR will vary with the market based on the Prime Rate.
Penalty APR and When it Applies / None
How to Avoid Paying Interest on Purchases / Your due date is at least 25 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date.
Minimum Interest Charge / If you are charged interest, the charge will be no less than $1.00.
Fees
Annual Fee / $0
Transaction Fees
· Balance Transfer
· Cash Advance
· Foreign Transaction / Either $10 or 4% of the amount of each transfer, whichever is greater.
Either $10 or 4% of the amount of each cash advance, whichever is greater.
3% of the U.S. Dollar amount of each such transaction.
Penalty Fees
· Late Payment
· Returned Payment / Up to $38 (See below for details.).
Up to $38 (See below for details.).
How We Will Calculate Your Balance: We will use a method called “average daily balance (including new purchases).” See your Credit Card Agreement (Business Cards) for more details.