Letter to Customer Informing it of Refusal to Approve Credit and Requesting Additional References Delux Lette

CUSTOMER CREDIT REFUSAL: REQUIRE ADDITIONAL REFERENCES:

[DATE, ex. Wednesday, June 11, 1998]

[NAME, COMPANY AND ADDRESS, ex.

John Smith

X.Y.Z Inc.

1234 First Street

Suite 567

Any city, Any state  85245]

Dear [NAME, ex. John Smith],

We thank you for your credit application and your interest in our [products/services].  We look forward to doing business with you.

As you understand, to maintain reasonable and competitive prices, we are unable to approve many credit applications.  Although we cannot offer you credit terms at this moment, we may be able to approve your application if you provide us with [X] additional references.  {OFFER INCENTIVE, ex. Meanwhile, may I extend to you a discount of [Y]% for cash orders?}

I will immediately review your account when you provide additional references and gladly offer you credit when we establish a favorable history of doing business together.

It will be a pleasure to do business with you.

Sincerely,

[YOUR NAME, ex. Jill Jones]

Posted in: Delux Letters,Letters