Letter Requesting Credit ReferencesThis sample of a letter requesting credit references allows you to record your customer's history prior to extending them credit terms with your business. The letter requests information about their overall history including their high credit limit, current balance, payment history along with any late payments and how long the account has been open.
Credit Information Request
Saturday, March 25, 2017
[To] Company Name
First, Last Name
City, State 00000
RE: Credit Reference for [APPLICANT NAME]
Our company, [BUSINESS NAME], has received a request for credit terms from [APPLICANT NAME] whom has provided you as a credit reference. Please answer the following questions to assist us in making a decision regarding the application for credit.
______________ How long has [APPLICANT NAME] had an open account?
______________ Credit Limit
______________ Current Balance
______________ High Balance
______________ Number of Late Payment
Thank you for taking the time to answer the above questions. All information provided by you above will be held confidential. Please return this form to [BUSINESS NAME] before [DATE] within the enclosed stamped envelope.
Small Business DiscussionOffering Revolving Credit Terms
This small business member is interested in shaking up his customer's terms by offering revolving credit. Have you ever tried it? Enrollment fees. Membership fees. Does revolving credit have it's place in your business? Share the details with us and hear what other experts have to say also!