Business Banking Account Application - Alliance for Contractors

ALLIANCE FOR CONTRACTORS

Professional Banking Solutions • Building Success Together

Business Banking Account Application

🏆 Alliance Partnership Benefits

Exclusive contractor-focused banking designed for your business needs:

  • Reduced fees through Alliance banking partnerships
  • Specialized cash flow management for project-based payments
  • Seasonal variation support and flexible credit lines
  • Integrated merchant services for on-site payments
  • Priority support from contractor-experienced banking specialists

Section 1: Business Information

Legal Business Name:
DBA/Trade Name:
Federal Tax ID (EIN):
State License #:
Business Address:
City:
State:
ZIP:
Business Phone:
Business Email:

Business Type

Sole Proprietorship
Partnership
LLC
Corporation

Primary Contracting Services

General Construction
Electrical
Plumbing
HVAC
Roofing
Specialty Trade: ________________

Section 2: Owner/Authorized Signer Information

Full Name:
Title/Position:
Ownership %:
Social Security #:
Date of Birth:
Home Address:
City:
State:
ZIP:
Mobile Phone:
Personal Email:

Section 3: Financial Information

Years in Business:
Number of Employees:
Annual Revenue:
Average Monthly Deposits:

Cash Flow Patterns (Select all that apply)

Project-based payments (large, irregular deposits)
Seasonal variations in income
Progress payments from general contractors
Direct homeowner payments
Equipment financing needs

Section 4: Banking Services Selection

Contractor Business Checking
Low fees, high transaction limits
Business Savings Account
Seasonal cash reserves
Merchant Services
On-site card processing
Online Banking Pro
Mobile deposits, transfers
Business Line of Credit
Cash flow management
Equipment Financing
Tools and vehicle loans

Section 5: Cash Flow Management Features

Select Desired Features:

Project Account Management - Separate accounts for each major project
Automated Transfers - Move funds between operating and reserve accounts
Payment Scheduling - Schedule supplier and subcontractor payments
Invoice Integration - Link invoicing with payment tracking
Seasonal Planning Tools - Cash flow forecasting for slow periods
Expense Categorization - Job costing and tax preparation support

Section 6: Required Documentation Checklist

Please attach the following documents with your application:

Articles of Incorporation/Organization (if applicable)
Business License and State Contractor License
EIN Letter from IRS
Owner(s) Government-issued Photo ID
Business Financial Statements (last 2 years)
Personal Financial Statement for owners with 25%+ ownership
Voided business check from current bank (if applicable)
Certificate of Insurance (General Liability and Workers' Comp)

Section 7: Alliance Partnership Benefits

🤝 Your Alliance Membership Includes:

  • Reduced Banking Fees: Up to 50% reduction on standard business banking fees
  • Priority Processing: Expedited application review and account setup
  • Dedicated Support: Direct access to contractor banking specialists
  • Educational Resources: Financial management workshops and webinars
  • Networking Opportunities: Connect with other Alliance contractor members
  • Preferred Rates: Competitive pricing on loans and credit lines
Alliance Member ID:
Referral Source:

Section 8: Terms and Conditions

By signing below, I/we acknowledge and agree to the following:

  • All information provided in this application is true, complete, and accurate.
  • I/we authorize the bank to verify information with credit bureaus, other financial institutions, and business references.
  • I/we understand that the bank reserves the right to approve or deny this application based on its credit policies.
  • I/we agree to comply with all account terms, conditions, and fee schedules.
  • I/we understand that Alliance for Contractors facilitates this banking relationship but is not the financial institution.
  • I/we consent to receive communications regarding this application and account services.
  • Account opening is subject to identity verification and compliance with applicable banking regulations.

Signatures and Authorization

Applicant Signature:
Date:
Print Name:
Title:
Co-Signer (if applicable):
Date:

Next Steps

Submit your completed application to Alliance for Contractors:

📧 Email: [email protected]
📞 Phone: 1-800-ALLIANCE (1-800-255-4262)
📠 Fax: Submit via secure portal
🏢 Mail: Alliance for Contractors Banking Services
Attention: Business Banking Department

Applications are typically processed within 3-5 business days.
Alliance members receive priority processing and dedicated support throughout the setup process.

Alliance for Contractors - Professional Banking Solutions
Building Success Together | Member FDIC through banking partners
Form Version 2024.1 | For internal use only