{"id":3069,"date":"2014-06-26T09:37:04","date_gmt":"2014-06-26T09:37:04","guid":{"rendered":"http:\/\/www.club4ca.com\/formats\/?p=3069"},"modified":"2022-07-11T05:28:05","modified_gmt":"2022-07-11T05:28:05","slug":"letter-allowing-continuation-of-credit","status":"publish","type":"post","link":"https:\/\/www.club4ca.com\/formats\/others\/letter-allowing-continuation-of-credit\/","title":{"rendered":"Letter Allowing Continuation of Credit"},"content":{"rendered":"<p style=\"text-align: justify;\">To face the adverse conditions in business, sometimes your suppliers and customers demand your support in form of credit facilities. Write a letter allowing continuation of credit to your customer in response to his need. Inform him about the same by a formal letter which contains the information about the period of extension and the credit limit.<\/p>\n<p style=\"text-align: justify;\">Use the sample given below which will work as the basis of drafting a customized professional letter to your customer stating him your offer in regards with continuation of credit.<\/p>\n<h3 style=\"text-align: justify;\">Format for Letter Allowing Continuation of Credit<\/h3>\n<p style=\"text-align: justify;\">Leisure Hotels<br \/>B 15 6<sup>th<\/sup> Block<br \/>Jackson Street<br \/>California<\/p>\n<p style=\"text-align: justify;\">June 25<sup>th<\/sup>, 2014<\/p>\n<p style=\"text-align: justify;\">To :<\/p>\n<p style=\"text-align: justify;\">Sharon Pattinson,<br \/>Branch Manager,<br \/>State Bank,<br \/>1234 Wall Street,<br \/>New York.<\/p>\n<p style=\"text-align: justify;\">Dear Ms. Sharon<\/p>\n<p style=\"text-align: justify;\">RE : CREDIT FACILITY<\/p>\n<p style=\"text-align: justify;\">This is in response to your letter for credit facility. Thanks a lot for three post\u2013dated cheques. The receipts of the same will be sent to you whenever the cheques will get cleared.<\/p>\n<p style=\"text-align: justify;\">I have discussed your situation with my directors and after considering your situation, we have decided to allow your firm to continue to order goods on credit. We can only offer you a new credit limit of $ 7,000 and the trail period of this limit will be six months. We will revise the same if your performance proves encouraging.<\/p>\n<p style=\"text-align: justify;\">Please intimate us your response. If our offer is acceptable then you may start sending in your orders. We hope that this offer makes your business smoother.<\/p>\n<p style=\"text-align: justify;\">Thank you.<\/p>\n<p style=\"text-align: justify;\">Regards<\/p>\n<p style=\"text-align: justify;\">Albert Smith<\/p>\n<p style=\"text-align: justify;\">Finance Manager<\/p>\n<p style=\"text-align: justify;\"><strong><a href=\"https:\/\/www.club4ca.com\/formats\/wp-content\/uploads\/2014\/06\/Letter-Allowing-Continuation-of-Credit.docx\">Click Here To Download Letter Allowing Continuation of Credit<\/a><\/strong><\/p>\n\n\n<h3 class=\"wp-block-heading\">Other Related Letter Format, Example<\/h3>\n\n\n\n<p class=\"has-small-font-size wp-block-paragraph\"><a href=\"https:\/\/www.club4ca.com\/formats\/letter-formats\/cancel-a-credit-card-due-to-unstable-market-letter\/\">Cancel a Credit Card due to unstable Market Letter<\/a><br><a href=\"https:\/\/www.club4ca.com\/formats\/letter-formats\/letter-to-cancel-own-credit-account-due-to-high-bills\/\">Sample Letter to close Credit Card Account<br><\/a><a href=\"https:\/\/www.club4ca.com\/formats\/accounts\/sample-letter-to-bank-for-credit-card-replacement\/\">Letter to Bank for Credit Card Replacement<\/a><br><a href=\"https:\/\/www.club4ca.com\/formats\/accounts\/sample-authorization-letter-on-using-credit-card\/\">Authorization Letter on Using Credit Card<\/a><br><a href=\"https:\/\/www.club4ca.com\/formats\/accounts\/account-cancellation-letter-due-to-non-payment\/\">Account Cancellation Letter Due to Non-Payment<\/a><br><a href=\"https:\/\/www.club4ca.com\/formats\/accounts\/letter-notifying-customer-about-exceeding-of-credit-limit\/\">Letter Notifying Customer about Exceeding of Credit Limit<\/a><br><a href=\"https:\/\/www.club4ca.com\/formats\/others\/letter-to-creditor-disputing-negative-credit-report\/\">Letter to Creditor Disputing Negative Credit Report<\/a><br><a href=\"https:\/\/www.club4ca.com\/formats\/others\/letter-with-an-unfavourable-credit-reference\/\">Letter with An Unfavourable Credit Reference<\/a><br><a href=\"https:\/\/www.club4ca.com\/formats\/others\/letter-requesting-reconsideration-of-denial-of-credit\/\">Letter Requesting Reconsideration of Denial of Credit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>To face the adverse conditions in business, sometimes your suppliers and customers demand your support in form of credit facilities. Write a letter allowing continuation of credit to your customer in response to his need. Inform him about the same by a formal letter which contains the information about the period of extension and the credit limit. Use the sample given below which will work as the basis of drafting a customized professional letter to your customer stating him your offer in regards with continuation of credit. Format for Letter Allowing Continuation of Credit Leisure HotelsB 15 6th BlockJackson StreetCalifornia<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[23,826],"class_list":["post-3069","post","type-post","status-publish","format-standard","hentry","category-others","tag-letter-of-credit","tag-sample-letter"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Letter Allowing Continuation of Credit, Sample Format<\/title>\n<meta name=\"description\" content=\"Inform the party using letter allowing continuation of credit about the status. 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