Business information

  • Legal business name - Please provide the legal registered entity name including LLC, Inc, Corp, or other DBA suffix as applicable.
  • Business state - The state the entity was registered in.
  • Physical address - The Patriot Act requires that we collect and verify the primary registered physical address for commercial and consumer accounts.
  • Mailing address - If different from the physical address.
  • Entity type - This is for entity identification purposes.
  • Years in business - This is for underwriting purposes and helps us determine a credit line. You may round up to the nearest half-year.

Financial information

  • Business annual revenue - This is for underwriting purposes and helps us determine a credit line.
  • Business tax ID / EIN # - This is for business verification purposes and allows us to complete fraud and compliance checks with less documentation. 
  • Desired line of credit - This is how much credit your business requests. We suggest you request approximately 10% more than your highest monthly credit card spend. Please note you must spend at least 30% of your credit line each month to qualify for monthly points.
  • Secure bank connection - You’ll need this information to create a connection between your business bank account and Divvy via Plaid, a financial technology platform that enables us to securely verify the financial health of your business. Plaid cuts down on documentation required and speeds the application process by allowing us to view your bank balance and transaction history. We also use the linked account as a default payment method and for monthly verification that you still qualify for services. For eligible companies, we also offer the option for cash balance approval.

Rewards

  • Choose your Divvy Rewards multipliers by selecting your billing cycle. This can be changed later if needed. 

Please note you must spend at least 30% of your credit line each month to qualify for monthly points.

Control person

Who is this? This is the person who has authority to make decisions on behalf of the company and may be an executive officer, senior manager, or someone who regularly performs similar functions. The control person may or may not be the authorized signer or Divvy account administrator. 

Why do we need this? In accordance with the CDD Rule, we require the personal information listed below to verify they are an actual person and not on any watch lists. This prevents identity theft and application fraud. We will not use this information to run personal credit checks.

  • First name
  • Last name
  • Home address
  • Phone number
  • Work email
  • Date of birth
  • Social security number / Passport number

Beneficial owners

Who is this? These are individuals who own 25% or more of the company’s equity interests. 

Why do we need this? In accordance with the CDD Rule, we require the personal information listed below to verify they are actual people and not on any watch lists. This prevents identity theft and application fraud. Click HERE for more information. We will not use this information to run personal credit checks.

  • First name
  • Last name
  • Home address
  • Phone number
  • Work email
  • Date of birth
  • Social security number / Passport number

Divvy administrator

This is the individual who will be managing your Divvy account. We require the personal information listed below to create their account. 

  • First name
  • Last name
  • Phone number
  • Work email

Authorized signer

This individual is either a proprietor, general partner, or officer of the business with authority to enter into the Agreement. This may or may not be the control person or any of the beneficial owners.

  • First name
  • Last name
  • Email 
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