Customer wants a Credit Application?

I am a online seller and have been in business for about 2 years. I just worked our a process to work out a RFQ/PO process with customers (which is fine) but today had a customer ask me for a Credit Application. I have googled this but I am having a hard time understanding if this is similar to a PO or if this is something I Fill out and give to the customer of if I give them a blank application and they send me their information, bank info (for withdraw) etc. etc. Can somebody help me out here?

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