Credit Reference Response

Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Date

{{date}}

Recipient Information

{{recipient_company_name}}

{{recipient_address}}

Attention: {{recipient_name}}

Subject: Credit Reference for {{customer_name}} (Account No: {{customer_account_number}})

Dear {{recipient_name}},

Introduction

Thank you for your recent request dated {{request_date}} for a credit reference regarding our customer, {{customer_name}}, with Account Number {{customer_account_number}}.

We are pleased to provide the following information based on our trading relationship with them.

Trading Relationship Overview

{{customer_name}} has been a customer of {{company_name}} since {{start_date_of_relationship}}.

During this period, their typical credit limit with us has been {{currency}}{{credit_limit_amount}}.

Their highest credit exposure reached {{currency}}{{highest_exposure_amount}} on {{date_of_highest_exposure}}.

Payment History and Conduct

We assess {{customer_name}}'s payment conduct as: {{payment_conduct_assessment}}.

Their typical payment terms with us are {{payment_terms}} days.

Over the past {{number_of_months}} months, {{customer_name}} has made payments on time: {{percentage_of_on_time_payments}}% of the time, and {{number_of_days_late}} days late on average for overdue invoices.

Currently, there are {{currency}}{{outstanding_amount}} outstanding, of which {{currency}}{{overdue_amount}} is overdue by {{number_of_days_overdue}} days.

We have not experienced any dishonoured payments or significant disputes with {{customer_name}}.

Overall Assessment

Based on our experience, we would rate {{customer_name}}'s creditworthiness as {{credit_rating_assessment}} (e.g., Excellent, Good, Fair, Poor).

We can confirm that {{customer_name}} is a {{payment_ethic_description}} payer and we anticipate a {{continued_relationship_assessment}} relationship with them.

Disclaimer

This information is given in strict confidence and without any responsibility on the part of {{company_name}} or its employees. This reference is provided for your confidential use only and should not be disclosed to any third party. It is based on our records and experience only, which may not be exhaustive. You should not rely solely on this reference when making your credit decisions.

Signature

Sincerely,

{{sender_name}}

{{sender_title}}

{{company_name}}