Sample Letter To Extend Payment Terms. Dear Request for extension of time for payment of account I refer to your letter of (date) explaining your need for an extension of time for payment on your account with us due to changed business circumstances I’m pleased to inform you this request has been approved on the terms of payment you suggested.
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Procurement's Guide to Extending Supplier Payments Terms
Denial of Request for Extension of Time letter – sample 2 Dear [name of borrower] Thank you for your recent communication requesting an extension of time to make your payment which is due on (dd/mm/yyyy) We looked at your payment records carefully and have found that you are already overdue on your account and it has been [length of time] since your last payment.
How to Negotiate Payment Terms with Vendors
Request Extension on Payment [DATE ex Wednesday June 11 1998] [NAME COMPANY AND ADDRESS ex John Smith XYZ Inc 1234 First Street Suite 567 Anycity Anystate 85245] Dear [NAME ex John Smith] [THANK AND COMPLIMENT SUPPLIER FOR PRODUCT/SERVICE ex We found your cleaning and disposal services to be exceptional.
SAMPLE LETTERS FOR CHANGING TERMS
PDF fileSAMPLE LETTERS FOR CHANGING TERMS Change to COD Thank you for the recent payment which brings your account to “current” status We structure our pricing to provide the lowest possible cost to our customers This pricing does not include margins to cover the additional expenses of payment beyond our regular terms In reviewing the.
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Responding to customer demands for extended payment terms
1 “We’d be OK with letting you have the extra float but we’d need you to agree to pay interest at prime + X after 45 days” The buyer’s response of course will be that this too would have to be approved by Finance which by hypothesis is something to be avoided if possible 2.