Do you have customers dragging their feet in paying your invoice?
Is the delay in payment putting a severe dent in your cash flow?
Do you need to set up a credit line personally or in your small business—but fear sounding amateurish in your request?
Nothing captures the attention of a letter or email recipient as much as money issues––their money or yours. Whether depositing, withdrawing, lending, or borrowing, you want to make sure you provide all the facts––and get all the facts.
In this book you'll learn and become confident in all areas of credit and collection management. Additionally, you'll learn to communicate intelligently with your customers about other miscellaneous matters of accounts receivable collection, banking, finance, and taxes.
As a borrower for personal or family needs, you'll find sample letters for many areas that you must handle individually—aside from those issues that any credit and collection role at work might require:
• When you have borrowed money
• How to motivate creditors to work with you during difficult times
• When requesting a loan
• When addressing friends or family regarding money issues
In your collection position at work, you of course realize the need to learn how to deal with sensitive money matters such as lending, borrowing, and collecting where tone becomes very important in reaffirming customer commitments and in keeping any personal relationship intact.
The image you create with your writing style and with your thoroughness often makes an impression that spills over into the business transaction and lending decision itself.
These credit and collections letter examples and alternate phrases cover a wide range of categories:
• Requesting credit
• To creditors promising payment
• Investigations
• Offering Credit
• Refusing Credit
• Cancelling Credit
• Collection letters and emails for accounts receivable
If you'd like to spend up your accounts receivable collection, then these business collection templates provide the right wording to get the money in your door without putting distance in the customer relationship!
