Dear [Recipient's Name], I hope this letter finds you in good health. I am writing to apologize sincerely for the delay in making the payment for [Product/Service] as per the agreed upon terms. I understand that this has caused inconvenience to you and I would like to offer my deepest apologies. Firstly, I would like to assure you that this delay was not intentional. Unfortunately, due to unforeseen circumstances, I experienced a temporary financial setback that affected my ability to make the payment on time. However, I have taken immediate steps to rectify the situation and will ensure that such delays do not occur in the future. I deeply value our business relationship and I fully understand the importance of honoring payment obligations promptly. I assure you that this incident is an exception and not a reflection of my commitment towards fulfilling my financial responsibilities. To compensate for the inconvenience caused, I would like to propose alternative solutions. Firstly, I am willing to pay any late fees or charges that may have been incurred as a result of the delay. Additionally, I offer to provide a discount on any future purchases or services you may require from me, as a gesture of goodwill. I kindly request your understanding and ask you to consider this situation as a one-time occurrence. I truly value our business partnership and assure you that this incident will not be repeated. Furthermore, I am committed to maintaining a strong professional relationship with you, and I am fully dedicated to meeting all financial obligations in a timely manner moving forward. Thank you for your understanding and patience in this matter. If you have further questions or concerns, please do not hesitate to contact me at [Your Contact Information]. I sincerely apologize once again, and thank you for your continued support. Yours sincerely, [Your Name] [Your Company Name] [Your Contact Information] Keywords: Arizona, late payment apology, friendly letter, sincere apology, financial setback, unforeseen circumstances, commitment, financial responsibilities, compensation, late fees, goodwill, business partnership, professional relationship, understanding, patience, support.