4.1 Business Credit Application.doc

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Should be used when screening a business applicant. This is an opportunity to have directors/members of a company/ close corporation/ partnership sign a suretyship and accept liability? for the conditions of business.? The National Credit Act requires a credit provider to register with the National Credit Regulator if it provides credit for at least 100 credit agreements,or the total debts owed to it under all outstanding credit agreements exceeds R500,000.