Vehicle Line of Credit Application

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    Items needed vary based on loan size and credit history. In general, >>>>Funding up to $250,000, please provide: 1. Signed credit application from each guarantor 2. Front page of the last three months bank statements 3. Photo ID for each guarantor. >>>> Funding or credit over $250,000, please add: 1. Last two years business & personal tax returns 2. Last two years & current YTD financial statements 3. Personal financial statement for each guarantor.
  • Business Information / Applicant

  • Please put http:// at the beginning.
  • Personal Information

    Please Complete Information for All Principals / Officers / Guarantors
  • To assure the best possible rate & terms, enter guarantor information here.
  • Equipment Line Information

    Use this application for an Equipment Line of Credit exceeding $250,000.
  • The undersigned principal(s) certify that he/she has full authority to act on behalf of the applicant. The applicant (if a sole proprietor), principals, and guarantors each certify that all of the information contained in this application and on each document required to be submitted in connection herewith are true and complete. The applicant (if a sole proprietor) and each guarantor hereby authorize American Business Brokerage and Finance, LLC (“ABBF”) and or their assigns to obtain his/her individual credit report from the national credit bureau(s) for the purpose of considering this credit application and any subsequent update, renewal, collection or additional credit. A photocopy or facsimile of this authorization shall be as valid as the original. Further, the applicant and guarantors hereby authorize each bank and finance reference listed in this credit application to release information about the applicants and guarantors to ABBF or their designee, as requested by ABBF or their designee. If your application for business credit is denied you have the right to a written statement of the specific reasons for the denial, within 60 days from the date you are notified of our decision. ABBF will send you a written statement of the reason(s) for the denial within thirty (30) days of receiving your request for the statement. The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); or because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The Federal Agency that administers compliance with this law concerning this creditor is the Office of the Bureau of Consumer Financial Protection, 1700 G Street, NW, Washington, DC 20006. 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 who opens an account. This means that when you open an account, ABBF will ask you for your name, address, date of birth, and other information that will allow us to identify you. ABBF may also ask to see a government issued ID such as a driver’s license, non-driver’s ID, passport, or other identifying documents. If you intend to act as a Guarantor for the credit of one or more primary applicant(s) and are providing information to ABBF for that purpose, please be advised that if ABBF determines that you do not meet its standards of creditworthiness for the amount and/or kind of credit desired by the primary applicant, ABBF is required by law to provide the specific reasons for such adverse action to the primary applicant and NOT to you. Unless you are willing to share the specific reasons for adverse action based upon your credit history with the primary applicant you should not sign this application or submit a Personal Financial Statement to ABBF.
    WE WILL PERFORM A CREDIT CHECK WITH THIS FORM.
  • Upload your photo ID by using download, scan or photo. Maximum 64MB. You may also fax to 888-977-7731.
    Drop files here or
    Accepted file types: pdf, jpg, gif, png, .
  • Upload your last three months bank statements by using downloads, scans or photos. Maximum 64MB. You may also fax to 888-977-7731.
    Drop files here or
    Accepted file types: pdf, jpg, gif, png, .
  • Upload your last two years business and personal returns here.
    Drop files here or
    Accepted file types: pdf, jpg, gif, png, .
  • Upload your last two years business and personal returns here.
    Drop files here or
    Accepted file types: pdf, jpg, gif, png, .
  • This field is for validation purposes and should be left unchanged.