3/04/2011

Business Letters_Credit Terms

Example 1,

Dear Name,

For the past six months, we have been purchasing household appliances from your company on a C.O.D. basis. However, we would now like to open a line of credit. Please, let us know your usual credit terms and also what credit references and other business information you require to open such an account.

We hope your company will be willing to company with our request.

Sincerely,
Name

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Example 2,

Dear Name,

Thank you very much for your purchase order XXX. So that we may extend our normal credit terms of 30 days, please provide us with the following information.

. Your company's most recent financial statements
. Name of three suppliers with whom your company is presently doing business
. name of your bank

Thank you for your cooperation.

Sincerely,
Name

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