Notice of Credit Limit

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Date and Reference

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Reference: {{reference_number}}

Customer Information

{{customer_name}}

{{customer_address}}

Account Number: {{account_number}}

Subject

NOTICE OF ADJUSTED CREDIT LIMIT

Body of Notice

Dear {{customer_name}},

This letter serves to formally notify you of an adjustment to your credit limit with {{company_name}}. After a recent review of your account and prevailing business conditions, your new credit limit will be {{new_credit_limit}} effective {{effective_date}}.

Your previous credit limit was {{old_credit_limit}}. This adjustment is part of our ongoing credit management policy and allows us to maintain a sustainable credit facility for all our valued customers.

We understand that this change may require adjustments on your part. We encourage you to review your purchasing plans accordingly. All terms and conditions of your existing credit agreement with {{company_name}} remain in full force and effect, except for the revised credit limit as stated herein.

Credit Utilisation and Payments

Please ensure that your outstanding balance does not exceed the new credit limit of {{new_credit_limit}}. Any purchases exceeding this amount may require upfront payment or specific authorisation from our finance department.

We remind you of your payment obligations and kindly request timely settlement of all invoices as per our agreed payment terms. Prompt payments help us maintain our service levels and support your business needs.

Further Information

Should you have any questions regarding this change, require clarification on your account status, or wish to discuss alternative payment arrangements, please do not hesitate to contact our credit control department at {{credit_department_phone_number}} or via email at {{credit_department_email_address}}.

We value your business and look forward to continuing our professional relationship.

Sincerely

{{company_name}}

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{{authorising_person_name}}

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