Credit Reference Letter for a Customer from his Supplier

A credit reference letter is a letter where the reference provider vouches for a person or an organization with regard to his/its credit history with the reference provider. The letter is also called a letter of good credit or a letter of good standing.

It helps you get approved in getting some kind of goods/services on credit for your personal or commercial purposes. The letter makes a lender get confidence with regard to his giving credit to a new borrower.

Here is an example of a credit reference letter from a supplier for one of his customers. Modify it as per your case.

TEMPLATE

TO WHOM IT MAY CONCERN

We are pleased to inform you that the following person has been a valued customer of our organization since (Year). He/She is a credit worthy and reliable individual to the best of our knowledge and belief.

His/Hers details as per our records are given below for your reference.

Name of the Borrower: ___________. Date of Birth: __________.

Address: ___________________. Mobile: ____________.

Date of opening of account with us: ________.

Date of last order: ________.

Amount due as on date: ___________.

Average days taken to pay dues: ________.

Highest credit taken: ___________.

Total transactions: __________.

He/She has conducted his/her affairs with us in a satisfactory manner. Therefore, we believe that he/she would comply honorably with any financial obligation incurred with any institution.

This letter has been issued upon the request of (Name of the Borrower) without assuming any liability or responsibility on our part.

Please do not hesitate to contact us if we can be of any further assistance.

Sincerely,

    (Signature)

(Name of the Officer)

(Designation)

(Name of the Organization)

Dated _______

Place: ________