SAMPLE CREDIT APPROVAL LETTER

SAMPLE CREDIT APPROVAL LETTER

WXY Company Limited

High Street

Sometown

Postcode

Widgets Limited

New Street

Downtown

Postcode

22 September, 2013

Dear Sirs,

Re:      Credit account request

We are pleased to advise you that after receiving satisfactory references, credit facilities are now available to you.

We confirm our main conditions of trade which are:

Invoices are due for payment 30 days after invoice, directly to our bank

Your monthly Credit Limit is £XXXX

No goods will be issued on credit if your account is overdue by even one day

All other conditions are detailed in the Terms of Credit Agreement, signed by yourselves on 15th June 2007

We must point out that our Collection of Overdue Accounts Policy, detailed in the Terms of Credit Agreement, will be strictly adhered to.

Our banking details are

New Bank PLC

Side Street

Downtown

Postcode

Sort code 33-44-55

Account no 8888888888

Yours faithfully