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-
- Dear ____ (name):
-
- As requested, we are replying to your recent letter of
- querie regarding ________ (name) as a credit risk.
-
- In all fairness to you, we regret that we cannot
- recommend this firm. Despite the fact that we granted
- generous credit privileges for ____ (time period), they
- did not meet their agreed upon obligations and were lax
- in their payment. Therefore, we withdrew these privileges
- and now will only do business on a cash basis.
-
- This is the only basis that we feel secure in dealing
- with _______ (name of company).
-
- Yours truly,
-
-
-
- (name)