Letter Allowing Continuation of Credit

Letter Allowing Continuation of Credit :

National Limited

191 / N - Patricia Avenue
Liverpool – 600 020
Phone : 0011 - XXXXXXXX
Fax : 0011 - XXXXXXXX

Your ref : VGT / 0091

Our Ref : SAL / 6 / 1425

20 July 19XX

To :

Mr. Wong Ah Tong,
Syarikat Perniagaan Mapu,
832 Jalan Tengah,

Dear Mr. Wong


Thank you for your letter and the three post–dated cheques. The receipts will be sent to you when the cheques are cleared.

After discussion with my directors about your situation, we have decided to allow you to continue to order goods on credit. However we can only offer a new credit limit of Rs. 50,000. This limit applies for a trial period of six months with a view of revising it upwards if your performance proves encouraging.

If our offer is acceptable to you, you may start sending in your orders. We wish you the best in your new beginning.

Thank you.

Michael Chong

Finance Manager

MC : wsk

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