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Product / Goods Request

Refusal of Credit

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

Thank you for your recent request for credit with us. However, we are afraid that it may not be in [COMPANY]'s best interest to grant you credit at this time.

Our credit check indicates that [COMPANY]'s current credit obligations are substantial, and it may not be sound to add to those financial obligations to ensure your sound credit standing with the community.

That said, [COMPANY] is always welcome to buy from us on a cash on delivery basis. As a welcoming gesture, we will offer a cash discount of [x]% for goods you order with us. We will try our best to serve you in any way possible.

How to use this Document? 

This document is a Refusal of credit to a new customer seeking credit / open account on goods / products.

The information about the credit, including the date, relevant goods and the company should be clearly stated in the letter. 

How to Tailor the Document for Your Need?

  1. Create Document:Click “Create Document” button and the document will be prepared with your account details automatically filled in.

  2. Please fill in any additional information by following the step-by-step guide on the left hand side of the preview document and click the “Next” button.

  3. When you are done, click the “Get Document” button and you can download the document inWord or PDF format.

  4. Please review the document carefully and make any final modifications to ensure that the details are correct before sending to the addressee.

 
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