101 Business Letter

Letter Requesting Early Payment Discount

letter requesting early payment discount

How do you write a letter asking for a discount? This is the sample letter requesting early payment discount from supplier :

Your Name
Company Name
Street Address
City, ST ZIP Code
Date

Recipient Name
Title
Organization Name
Street Address
City, ST ZIP Code

Dear Recipient Name:

According to the contract we signed with your company for provision of waste disposal services, we are entitled to a 3 percent discount for payments made within ten days of receipt of invoices.

We have been making immediate payment and deducting 3 percent from invoices for the last four months, but the most recent statement from your company shows an outstanding balance in the amount of $1,232, which includes a 10 percent late payment fee.

Please remove the outstanding balance from our statement and inform your Accounts Receivable Department of the elements of our contract, which include the 3 percent discount for early payment.

Sincerely,

Your Name

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