101 Business Letter

Letter Sending Payment To Reduce Debt

letter sending payment to reduce debt

Below is sample letter sending payment to reduce debt :

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:

We apologize for the delay in settling our debt. Our company underwent a major revamp recently and it took a little time before things got going again.

We enclose a check ( CITIBANK 12345) for USD3000 as payment to reduce our debt. This will bring our balance to within our credit limit. Please process our current order as soon as possible.

Thank you.

Sincerely,

Your Name

More financial matters

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