Demand for Extension of Payment Date

Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Date

{{date}}

Recipient Information

{{creditor_company_name}}

{{creditor_company_address}}

Subject

DEMAND FOR EXTENSION OF PAYMENT DATE - Invoice Number: {{invoice_number}}

Salutation

Dear {{contact_person_name}} / Sir/Madam,

Introduction and Request

We are writing to formally request an extension of the payment due date for Invoice Number {{invoice_number}}, issued on {{invoice_date}}, with an original due date of {{original_due_date}}. The total amount due is {{currency}} {{amount_due}}.

Reason for Extension Request

Due to unforeseen {{reason_category}} circumstances, specifically {{detailed_reason_for_extension}}, we are experiencing temporary cash flow challenges that prevent us from settling the full invoice amount by the original due date. We anticipate that these challenges will be resolved by {{proposed_new_payment_date}}.

Proposed New Payment Date and Commitment

We respectfully request an extension of the payment deadline to {{proposed_new_payment_date}}. We assure you of our commitment to settling this outstanding amount in full on or before this new proposed date. We value our relationship with your company and appreciate your understanding in this matter.

Contact and Further Discussion

Please let us know if this proposed extension is acceptable. Should you require any further information or wish to discuss this matter further, please do not hesitate to contact us at {{phone}} or {{email}}.

Closing

Thank you for your time and consideration.

Signature

Sincerely,

_________________________

{{your_name}}

{{your_title}}

{{company_name}}