Introduction
Business works on credit basis. Most of the businessmen take and give order on credit limit which means that the dealer is given some time by the organization to make the payment. This will also help the dealer to plan his financial transaction as per the credit limit given.
Request letter for credit limit increase is written by the dealer to the manufacturer to extend the credit limit so that he can do more business with the manufacturer on long term basis.
Sample Letter – Requesting Credit Limit IncreaseTips
Following points are considered to be effective for writing an effective request letter for credit limit increase:
- Firstly it is essential to express your gratitude towards your manufacturer for doing business transactions with you.
- Tone of the letter should be formal
- Letter should be brief and concise
- The wordings of the letter should be polite enough to express your generosity
- Once you are through writing the letter, please recheck the same for amendments, if needed.
Sample Sample Letter – Requesting Credit Limit Increase
To,
Mr. Marc William
General Manager
Fashion Plaza
Atlanta
Date (Date on which letter is written)
From,
Robin Thomson
Manager
Fashion boutique
Atlanta
Sub: Requesting for increase in credit limit
Dear Mr. William,
Firstly I would like to express my gratitude towards you for having trust in us and doing business with us. It was a pleasure for us to have business partners like you. Your credit limit facility has greatly helped us in making our financial transactions more smoother.
Our boutique sale has shown a considerable increase because of the exclusive designs manufactured by your company. I would be very grateful to you if you could increase our credit limit from 30 days to 50 days. This will help us in improving our business relations and will also be beneficial to both the companies.
I hope to get a favorable response from you.
Thanking you,
Yours sincerely’
Robin Thomson
Sample Letter – Requesting Credit Limit IncreaseTemplate
To,
______
______
Date (Date on which letter is written)
From,
______
______
Sub:______
Dear ______,
I would sincerely like to express my gratitude towards you for believing in us and continuing business with us. Our company has shown a considerable growth after joining hands with you. Your credit limit policy is very helpful to us in making our financial transactions smoother.
I would be really grateful to you if you could increase the credit limit from ______to ______days. This way we will be able to do the business more smoothly which will prove beneficial to both the organizations.
I hope to get a favorable response from you.
Thanking you,
Yours sincerely’
(______)
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