Applicant hereby applies to Palmer Snyder Furniture Inc. to open a line of credit in Applicant’s name. Applicant hereby requests Palmer Snyder Furniture Inc. to extend credit to enable the Applicant to purchase merchandise from Palmer Snyder Furniture Inc. As an inducement to Palmer Snyder Furniture Inc. to extend credit, and in consideration of Palmer Snyder Furniture Inc. agreeing to extend credit to Applicant, Applicant states as follows:
This information is given in strict confidence for the sole purpose of establishing a line of credit with Palmer Snyder Furniture Inc. The undersigned hereby authorizes Palmer Snyder Furniture Inc. to request and obtain credit information from any of trade, bank, or financial references listed concerning the status of the business and credit.