Product / Goods Request

Refusal of Credit

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Description:

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.

Document Type:

Letter / e-mail / note / correspondence

Category:

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

 
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