Collection Letter 1

Grammar Pattern
EXPLANATION PROMISINGPAYMENT
[DATE]
[Nmae/Title]
[Business/organization name]
[Address]
[City, State ZIP]
Dear [ ]:
We have received your recent inquiry and are fully aware that we are sixty days in arrears. We appreciate your patience and your willingness to help us resolve this situation.
The current economy has had a negative effect on business growth. That. Along with some short – term notes coming due, has caused a temporary cash flow crunch for our firm. We look forward to that flow being restored within the next two to three months as the notes are satisfied and some new products enter the market.
Our outstanding invoice totals [$3, 760]. Enclosed please find a check for [$1,000] to help satisfy that debt. We anticipate paying you an additional [$1,000] each month for two months, and the balance of [$760] by [mid – July].
Again, we appreciate your patience and flexibility and look forward to our continued relationship.
Sincerely,
[Name]
{Title}