How to write your Approval of Business Credit Notice
We include this 1 page template with Contractors Contract Pack and the Proposal Kit Professional. You will get more content and software automation for data merging, managing client documents, and creating proposals with line item quoting with a Contract Pack or the Professional.
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1. Get Contractors Contract Pack or the single template that includes this business contract document.
We include this Approval of Business Credit Notice in editable Word format that can be customized using your office software.
2. Download and install after ordering.
Once you have ordered and downloaded your template or pack, you will have all the content you need to get started.
3. Customize the contract template with your information.
You can customize the contract document as much as you need. If you get a Contract Pack or Professional Bundle, you can also use the included Wizard software to automate name/address data merging.
Writing the Approval of Business Credit Notice document
Company Name NOTICE OF BUSINESS CREDIT APPROVAL.
Current Date
To: First Last, Contract Job Title. Re: Notice of Approval for Business Credit with Company Name.
Dear First,
We are happy to inform you that your application for credit with our company has been approved based on the information you submitted.
We are happy to provide you with an initial credit limit of Insert Credit Limit here subject to the following terms and conditions:
The terms upon which credit is granted are as follows:
- Credit limits, terms and conditions may be changed by Company Name at any time and without notice.
- Payment on all invoices shall be made within 30 days of the date on the invoice, as provided in your monthly statements.
- All overdue invoices shall be subject to a 1.5% monthly interest charge compounded daily on the overdue amount.
- All costs of collection on overdue amounts shall be the responsibility of Company Contract With including legal, court and documentation fees.
- All transactions shall be governed by County county in the state of State.
- All transactions, rates, fees and underwriting are based upon the documents provided to Company Name by Company Contract With both during the application process as well as with each individual transaction in which credit is granted and shall be governed based upon the information provided therein.
If you have any questions regarding this approval of credit by our company, please do not hesitate to contact us.
Finance Manager
CC: Accounting / Finance
Department Manager
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Key Takeaways
- The Approval of Business Credit Notice is available as a ready-to-edit template.
- The Contract Packs and Professional Bundle include many related agreements and documents.
- You can automate financials and data merging into contracts using a Contract Pack or Professional Bundle.
- You can also create business proposals and integrate your contracts using the Professional Bundle.
- There are no ongoing subscription fees. You get lifetime unlimited use.
By Ian Lauder
Disclaimers
Proposal Kit, Inc. makes no warranty and accepts no responsibility for the suitability of any materials to the licensee's business. Proposal Kit, Inc. assumes no responsibility or liability for errors or inaccuracies. Licensee accepts all responsibility for the results obtained. The information included is not legal advice. Names in use cases have been fictionalized. Your use of the Approval of Business Credit Notice template and any purchased packages constitutes acceptance and understanding of these disclaimers and terms and conditions.