The Subcontractor Credit Application: What Suppliers Ask, Why, and What to Fill In
When a construction subcontractor opens a credit account with a supplier, they fill out a credit application that looks routine but contains terms that affect every downstream invoice, lien waiver, and joint check. Personal guarantees, venue clauses, late-fee terms, interest rates, and lien-waiver trigger language all hide in the fine print. Here's what to read before signing.