Subject: Notice of Credit Limit Conversion to C.O.D. Status — [Your Company Name] [Date] [Customer Name] [Customer Address] [City, State, ZIP] Dear [Customer Name], We hope this letter finds you well. It is our utmost priority to maintain a healthy and mutually beneficial business relationship with all our valued customers. As part of our ongoing efforts to strengthen our financial standing, we are writing to inform you about an essential update regarding your credit terms with [Your Company Name]. Due to recent changes in our credit policy, we regret to inform you that effective [Effective Date], your credit limit will be converted to a C.O.D. (Cash On Delivery) basis. This decision was made after careful consideration to ensure the financial stability of our company and to better serve all our customers, including yourself. We understand that this might come as a change from your previous credit terms. However, we believe this measure will allow us to provide consistent and uninterrupted service to all our customers, while also securing the overall financial health of our business. Please note that this conversion is not targeting any specific customer and is being implemented uniformly to maintain fairness and equity across our customer base. The conversion to C.O.D. status means that any future orders placed by your company will require payment in full at the time of delivery or pickup. Payments can be made by cash, certified check, or credit card. We kindly request that you make the necessary arrangements to settle all outstanding invoices within [number of days for payment]. This condition will apply until further notice from our company. We understand that unforeseen circumstances may arise, affecting your ability to make payments on time. Therefore, we encourage you to contact our Accounts Receivable department at [Phone Number] or [Email Address] to discuss any concerns or conditions that might hinder prompt payment. We are committed to working with you during this transition and will consider any viable payment options or alternate arrangements on a case-by-case basis. We value your continued business and hope to resolve any potential inconveniences caused by this alteration promptly. Furthermore, we assure you that we remain dedicated to providing exceptional service and support to meet your business needs. Please take note of this credit policy update and adjust your future orders and payment methods accordingly. If you have any questions or require further clarification, our team is available to assist you. Thank you for your understanding and cooperation in this matter. We look forward to your continued partnership as we navigate through this transition together. Sincerely, [Your Name] [Your Title] [Your Company Name] Additional keywords: Utah, sample letter, notice, credit limit, conversion, C.O.D. status, update, credit terms, financial stability, payment, delivery, pickup, invoices, outstanding, arrangements, payment options, inconveniences, business needs, clarification, cooperation.
Subject: Notice of Credit Limit Conversion to C.O.D. Status — [Your Company Name] [Date] [Customer Name] [Customer Address] [City, State, ZIP] Dear [Customer Name], We hope this letter finds you well. It is our utmost priority to maintain a healthy and mutually beneficial business relationship with all our valued customers. As part of our ongoing efforts to strengthen our financial standing, we are writing to inform you about an essential update regarding your credit terms with [Your Company Name]. Due to recent changes in our credit policy, we regret to inform you that effective [Effective Date], your credit limit will be converted to a C.O.D. (Cash On Delivery) basis. This decision was made after careful consideration to ensure the financial stability of our company and to better serve all our customers, including yourself. We understand that this might come as a change from your previous credit terms. However, we believe this measure will allow us to provide consistent and uninterrupted service to all our customers, while also securing the overall financial health of our business. Please note that this conversion is not targeting any specific customer and is being implemented uniformly to maintain fairness and equity across our customer base. The conversion to C.O.D. status means that any future orders placed by your company will require payment in full at the time of delivery or pickup. Payments can be made by cash, certified check, or credit card. We kindly request that you make the necessary arrangements to settle all outstanding invoices within [number of days for payment]. This condition will apply until further notice from our company. We understand that unforeseen circumstances may arise, affecting your ability to make payments on time. Therefore, we encourage you to contact our Accounts Receivable department at [Phone Number] or [Email Address] to discuss any concerns or conditions that might hinder prompt payment. We are committed to working with you during this transition and will consider any viable payment options or alternate arrangements on a case-by-case basis. We value your continued business and hope to resolve any potential inconveniences caused by this alteration promptly. Furthermore, we assure you that we remain dedicated to providing exceptional service and support to meet your business needs. Please take note of this credit policy update and adjust your future orders and payment methods accordingly. If you have any questions or require further clarification, our team is available to assist you. Thank you for your understanding and cooperation in this matter. We look forward to your continued partnership as we navigate through this transition together. Sincerely, [Your Name] [Your Title] [Your Company Name] Additional keywords: Utah, sample letter, notice, credit limit, conversion, C.O.D. status, update, credit terms, financial stability, payment, delivery, pickup, invoices, outstanding, arrangements, payment options, inconveniences, business needs, clarification, cooperation.
