BADM-336/Session 9 Letter

Subject: Credit request

Dear Mr. Smith

Thank you for your application for credit with our firm. We look forward to serving you in any way we can.

During the routine procedure for processing new accounts we requested a copy of your credit report. Our review of your credit report, requires that we process your orders on a cash basis for the time being. As I'm sure you are aware we offer significant discounts to our customers paying in cash. This can provide you with a significant savings on your orders here.

We look forward to helping you with your future needs.

Sincerely,

Russell Harrison