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Request Letter For Increase in Credit

Credit increase request letters play an important role in business strategy. The sender of the letter should be careful in choosing the right tone and language of the letter. There should be a specific reason for writing the letter. This letter is usually by the manager of a retail store to the manager of a factory. The store manager in this letter requests for the enhancement of credit facility from what they were given earlier.

Request Letter For Increase in Credit Template

Use our free Request Letter For Increase in Credit to help you get started. Simply download the .doc or pdf file and customize it. If you need additional help or more examples check out some of the sample letters below.

 

To,

__________ (employee’s name)

__________ (employee’s address)

__________

__________

Date __________ (date of writing letter)

From:

_________________ (your name)

_________________ (Your address)

________________

Dear Mr. /Ms_________ (name of the concerned person),

I thank you for being very cooperative in our business all these years. With your support we could set up our business and also run it successfully. I am writing to you to request for an increase in the credit facility up to____________ (amount). It will be very convenient for us and with the increase; we can concentrate on the company sales. It will be mutually beneficial as well.

All these years, we never looked for any other company as we are very much satisfied with the company policies and dealings. Since we are old customers to you, we are taking the liberty to ask you to enhance the credit facility. Hope you will understand our genuine concern and act accordingly.

Looking forward to hear a positive response from you

 

Yours Sincerely,

 

____________ (Your name)

 

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Request Letter For Increase in Credit Sample, Email and Example/Format

Sample

From

David Smith,

Genera; Manager,

SQL Enterprises,

Bangalore

To:

Ramesh Saxena,

General Manager,

Star Pharmaceuticals,

Yelahanka,

Bangalore

Dear Mr.Saxena,

First of all, let me thank you for being cooperative all these years. You were very professional in your dealings. Now I am writing this letter to request you to enhance the credit facility you were earlier offering.

It will be very convenient for me if there is an increase in the credit facility. I can concentrate on increasing our company sales. It would be mutually beneficial as well.

You are aware of our payment history. We were very regular in payments and never defaulted. We value the relationship between our two companies and hope it would become stronger in the coming years.

I genuinely hope that you will understand our concern and think about increasing the credit facility. You will be doing a great favour for our business.

Looking forward to hear a positive response from you

Thanking you,

 

Yours Sincerely,

 

Smith

 

Email Format

Credit increase request letters form a very important part of the business strategy, hence the sender of the letter should be very cautions regarding the language and the tone of the letter.  The reason of the letter should be specific. This letter is addressed to the Manager of a factory written by the Manager of a Retail Stores. In this letter the Stores Manager request the Factory Manager to increase the credit facility which they had been using.

Dear Mr. Flynn,

At the outset, let me thank you for your cooperation in the past few years. I am writing this to request you to increase the credit facility you have been giving in the past few years.

With an increase in the credit facility, we would be much obliged to increase our sales. This would enable better business which would be mutually beneficial. As you know, we have never defaulted in our payments due to your company.

Thanking You,

Sincerely,

 

Zachary I. Sheppard

 

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