Letter to Discontinue Credit Terms :
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
We have reviewed your account and decided, with reluctance, we can no longer continue our credit terms to you. We wish we could help you through this difficult time, but we simply can't because the health of our own business is at stake.
We hope your situation improves. Please let us know when you can again satisfy our credit requirements.
Thank you for the opportunity to serve you in the past.
(The Sender's Signature)
The Sender's Name
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Letter to Discontinue Credit Terms
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