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Acknowledgement Letter for Approval of Credit Limit
Best practices on drafting a welcome letter for potential customers on approval of credit limit & initiating first order.
About this course
| description |
| lessonOverview |
This letter can be used after you have received an inquiry and set up a preliminary credit line.

Comments
- The letter should thank the customer for its interest in doing business with your company.
- It should advise the customer that the credit limit has been approved.
- The letter should indicate that the creditor company looks forward to receiving the first order.
- A copy of the letter to the sales manager may result in a push for the initial order.
- New accounts need to be more closely monitored than established accounts. Credit professionals should find ways to manage and monitor newly established accounts closely to prevent the customer from developing bad habits.
- Explore our Download area for additional letters welcoming new customers under special situations.
Note: As always, your company's situation (market, management risk appetite, etc.) and style will be unique so this can serve as a template to get started.
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| instructor |
| name |
title |
image |
description |
Ins |
| Credit Today |
www.credittoday.net |
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| related |
|
About this course
| description |
| lessonOverview |
This letter can be used after you have received an inquiry and set up a preliminary credit line.

Comments
- The letter should thank the customer for its interest in doing business with your company.
- It should advise the customer that the credit limit has been approved.
- The letter should indicate that the creditor company looks forward to receiving the first order.
- A copy of the letter to the sales manager may result in a push for the initial order.
- New accounts need to be more closely monitored than established accounts. Credit professionals should find ways to manage and monitor newly established accounts closely to prevent the customer from developing bad habits.
- Explore our Download area for additional letters welcoming new customers under special situations.
Note: As always, your company's situation (market, management risk appetite, etc.) and style will be unique so this can serve as a template to get started.
|
|
| instructor |
| name |
title |
image |
description |
Ins |
| Credit Today |
www.credittoday.net |
|
|
|
|
| related |
|