CIT Trucks Online Credit Application

CIT Trucks Online Credit Application

Dear Customer,

Please complete this online application in its entirety to expedite the processing of your credit request. We look forward to doing business with you.

If you have any questions, please call the credit department at 309-445-8100.

Application Procedures:

  • Please include your current banking information and at least four trade credit references. These are essential to processing the application.
  • Carefully review our credit terms and policies, and check the acknowledgement boxes to confirm that you have done so.
  • Sign all signature fields to agree to the terms.
  • Your signature authorizes us to obtain information for your credit references.
  • If you are tax exempt, please complete the applicable tax exempt form(s) and upload them with this application.

  • Application for Credit

    Information submitted in this application is confidential and will be used solely for the purpose of establishing a trade account.
    MM slash DD slash YYYY
    Address(Required)
    Email(Required)
    MM slash DD slash YYYY
    Principles, Officers or Partners(Required)
    Name
    Title
     
    Click the plus sign to the right to add additional individuals.
    Who is authorized to purchase?(Required)
    Name
    Title
     
    Click the plus sign to the right to add additional individuals.
    Leave blank if not applicable
    Enter 0 if you are a repair shop with no vehicles.
    Enter 0 if you are a repair shop with no vehicles.
    Enter 0 if you are a repair shop with no vehicles.

    Banking Reference

    Bank Address(Required)
    Bank Accounts(Required)
    Account Type
    Account #
     
    Please list the type of account (Savings, Checking, Loan, etc.) and the associated account number.

    Trade References

    Please include 4 trade references, filling out all fields for each.
    Reference 1
    Address(Required)

    Reference 2
    Address(Required)

    Reference 3
    Address(Required)

    Reference 4
    Address(Required)

    Tax Exemption Forms

    If you are tax-exempt, please complete and upload all relevant state tax exemption forms with your application. Failure to provide the required documentation will result in taxes being applied to your purchases. Use the following links from the Illinois Department of Revenue to obtain a copy of the CRT-61 and RUT-7. Complete the forms then upload them using the file upload feature below.


    Illinois Certificate of Resale CRT-61

    Illinois Vehicle Use Tax Form RUT-7

    Drop files here or
    Accepted file types: jpg, jpeg, png, pdf, Max. file size: 10 MB, Max. files: 2.

      Credit Terms and Policies

      In consideration for the granting of credit, I/we submit the above information, which you may rely upon as being accurate. I/We further authorize you to investigate any and all statements contained herein and authorize any of my/our creditors to release information to you regarding my/our financial status. A copy of this agreement is as binding as the original.

      In the event that CIT Trucks, LLC needs to file any claim in litigation, the purchaser agrees that said claim shall be under the jurisdiction of the Circuit Court of McLean County, State of Illinois. The purchaser further agrees to be liable for and pay the unpaid balance, together with court costs incurred, plus collection costs and/or reasonable attorney's fees, which shall not be less than one-third of the balance due, regardless of whether the account is litigated.

      THE APPLICANT'S SIGNATURE ATTESTS TO THEIR FINANCIAL RESPONSIBILITY, ABILITY, AND WILLINGNESS TO PAY INVOICES IN ACCORDANCE WITH THE FOLLOWING TERMS:
      1. All accounts are considered past due if not paid in full by the 10th of the month following the purchase and are subject to a finance charge computed at a periodic rate of 1.5% per month, which equates to an annual percentage rate (APR) of 18%.
      2. Accounts not paid in full by the 30th of the month following purchase will be placed on a cash-only basis. Accounts will remain on a cash-only basis until the entire past-due amount, including all service charges, is paid in full.
      3. Accounts 45 days past due may be referred to our attorney for collection.
      4. A statement of the account will be mailed monthly to every customer with an open balance.
      5. All accounts will have an established credit limit. To exceed this limit, special arrangements must be made.
      6. Tax Exemption: Tax-exempt customers are required by State Tax Law to have their RUT-7 or resale number and a copy of that authority on file with us. Tax will be charged until all proper information and copies are received.

      MUST BE SIGNED BY OWNER OR DULY AUTHORIZED OFFICER OF THE CORPORATION

      MM slash DD slash YYYY

      If Corporation: Individually guaranteed by:

      MM slash DD slash YYYY
      This field is for validation purposes and should be left unchanged.