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Example 1: Sample Letter for Offer to Extend Credit

Company Name or Letterhead
Address
City, State Zip

Date

Addressee
Address
City, State Zip

Dear Mr. Kirshfield:

Thank you for letting us know your April rent will be late. I understand every business has its ups and downs. The demand for rental bicycles must have been a good bit lower than expected during the cold snap in March. We are confident you will get back on track once the weather improves. Ike’s Bikes has been a dependable and valued customer since 1992, therefore we are offering to extend credit until you get back on your feet.

We are offering our usual terms: 3 percent/14 days/Net 30. If these are acceptable, please call me. You are a valued customer.

Sincerely,
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[tab name=’Example 2′]

Example 2: Offer to Extend Credit Letter

Company Name or Letterhead
Address
City, State Zip

Date

Addressee
Address
City, State Zip

Dear Skip:

Although you’re having trouble paying for excavation equipment rental, John Kershbaum has assured us your cash flow problems will be alleviated once you complete the USA Bank building project. We think John’s assessment is accurate. Therefore, we have decided to offer you a credit extension. This offer reflects the faith we have in Tri-County.

Our terms are 2 percent/10 days/Net 15. Let me know if the offer suits you.

Cordially,
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