101 Business Letter

Letter Allowing Continuation Of Credit

letter allowing continuation of credit

Below is the sample letter allowing continuation of credit to customer to order goods.

Your Name
Company Name
Street Address
City, ST ZIP Code
Date

Recipient Name
Title
Organization Name
Street Address
City, ST ZIP Code

Dear Recipient Name:

Thank you for your letter and the three post-dated checks. The receipts will be sent to you when the checks are cleared.

After discussion with my directors about your situation, we have decided to allow you to continue to order goods on credit. However we can only offer a new credit limit of USD2500. This limit applies for a trial period of six months with a view revising it upwards if your performance proves encouraging.

If our offer is acceptable to you, you may start sending in your orders. We wish you the best in your new beginning.

Thank you.

Sincerely,

Your Name

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