SAL0703
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Dear _________________:
Until recently, we permitted our established customers to buy on _________________ while newer customers bought on _________________.
After a recent audit indicated that some of our oldest customers are also our largest debtors, we have decided to revamp the policy. Beginning _________________, the terms for all customers will be as follows: _________________.
The Credit Manager will still have authority to make exceptions; so if you have a long-standing customer who pays on time, speak to the _________________ about making a special arrangement.
Thanks for your cooperation in implementing this new policy.
Sincerely,
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