Overview of a Letter to Customer Agreeing Credit Terms
Key points included
-Time term;
-interest due to delay of payment, if any;
-days of notice – before the terms are not accepted;
-acceptance of the terms by the counterparty.
Specifically for
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Letter to Customer Agreeing Credit Terms
As an SME or a Startup you might get requests from your customers to have credit terms with your business. They may be eligible to get credit terms. This letter is to be used when you need to inform a customer that he or she has qualified for the credit terms. It is always important to be clear and concise in the letter and have a clear agreement on payment terms.
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