Letter for Line of Credit :
This letter should be typed in the official letter-head of the company.
The Company's NameDoor Number and Street's Name,
Postal Code : XXXXXX
Phone Number : 0000 - 123456789
The Receiver's Name,
Door Number and Street's Name,
Postal Code : XXXXXXX
On the basis of financial information dated August 1, 2009, from your company, we are pleased to extend to you a line of credit of Rs.1 000,000. In conformance with the industry, credit limits under normal circumstances are extended for a period of one yearfrom the date of the financial information provided.
In order for us to continue to extend a line of credit, we will require you forward to us your most recent fiscal year-end balance sheet and the related statements of income and expenses on an annual basis. Please make a note of this necessary update.
Thank you for depending on us for your financial needs and for your usual fine cooperation with our procedures.
(The Sender's Signature)
The Sender's Name
Letter for Line of Credit
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