SAMPLE - RESPONSE TO REQUEST FOR CREDIT REFERENCE

We are pleased to respond to your letter of [DATE].  Although we are not able to predict or offer an opinion as to [NAME/FIRM, ex. Mr. John Smith]’s future creditworthiness as it may relate to you, we can indeed offer you the following historical facts regarding [NAME/FIRM, ex. Mr. Smith]’s transactions with our firm.

We have been doing business with [NAME/FIRM, ex. Mr. Smith] for approximately [DURATION, ex. 5 months], wherein [STATE NATURE OF BUSINESS, ex. we have supplied him with compressors and maintenance services].  [NAME/FIRM, ex. Mr. Smith] has historically been invoiced roughly between $[AMOUNT] and $[AMOUNT] per month and we currently extend a credit term of [STATE TERM, ex. 2/10 net 30] to [him / her / them].  On average, [he / she / they] [has / have] remitted payment within [DURATION 35 days] of the invoice date.

[LIST DELINQUENCY HISTORY, IF ANY, ex. On one occasion, Mr. John Smith did not remit an invoice of $12,000 until 73 days had passed since the invoice date.]

I hope these historical facts will be relevant as you appraise [NAME/FIRM, ex. Mr. Smith]’s future creditworthiness.  However, we do encourage you to seek and acquire references from other sources.

You may contact me at XXX-XXXX if you require any additional information.

Sincerely,

SAMPLE - REQUEST FOR BANK FOR EXTENSION OF TIME

My next   [specify]   payment will be due on [DATE]

Due to an unexpected emergency that has occurred, I will be unable to make this payment by the  [date]  I am requesting an extension of  [time]  to make this payment.

If you review my file, I believe you will find that my payments have generally been made in a timely fashion.

My relationship with your bank is very important to me, as well as my desire to maintain a good credit rating.

Thank you very much for your consideration of this request.