Product / Goods Request

Approval of Credit / Open Account

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Description:

Grant of credit to a new customer seeking credit / open account on goods / products.

We are delighted to inform you that your request for credit has been approved and [COMPANY] is now a credit customer of ours. As a welcoming gesture, we will be granting you an initial credit of [AMOUNT], which will be subject to review from time to time.

Your first order for [GOODS], will be shipped to you on [DATE].

On the first of each month, we will prepare an invoice of the previous month's purchases. You will have a [30] days credit term to pay the invoice. With each invoice, you will also receive notice of special promotions, marketing campaigns, discount programs and sale.

[NAME] will be your sales representative and will visit you sometime next month. [He / She] will arrange with you the exact time and place, and please speak with [him / her] if you would like any catalogues and samples. [He / She] will also show you how to place orders online.

Document Type:

Letter / e-mail / note / correspondence

Category:

Business > Goods and Services > Credit / Invoice / Payment / Demand Letter

 
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Author:

DocPro Legal

DocPro Legal is a team of legal professionals with a passion for making quality documents and legal contract templates widely available to the public through cutting edge technology. Our lawyers are qualified in numerous common law jurisdictions including the United Kingdom, Australia, New Zealand, India, Singapore and Hong Kong. We have experience in major law firms and international banks with expertise in business, commercial, finance, banking, litigation, family, succession and company laws.