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Free Refuse Credit - Offer of Cash Basis

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Dear _________________:

 

Thank you for the credit application, which you submitted to us. We have reviewed it carefully. It appears that at this time it would not be appropriate to extend credit to you. We require a certain base level of _________________, which it seems you are still in the process of acquiring.

 

When your situation changes, we would be happy to reconsider this decision. In the meantime, we will be pleased to serve you on a cash basis.

 

Thank you for your interest in doing business with _________________.

 

Sincerely,

 

 

 

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