Auto Complete Search

David Schmidt · Order-to-Cash and SME Risk Expert, Credit Today

Dave is an order-to-cash and SME risk expert with over 27 years of experience. He focuses on the order-to-cash side of the working capital coin applying his knowledge and expertise with receivables, credit, and collection best practices and technology to maximize clients' performance. Dave aims at providing insights into the small and medium enterprise (SME) community by delivering actionable intelligence solutions for clients to drive efficiency, manage risk and grow revenue.

This letter is for a new account for which you have established a credit line.

Comments

1. This letter also advises the new account that open account credit has been approved.
2. The terms of sale are listed so that there is no misunderstanding now or in the future.
3. The customer is informed when the opening order will or did ship.
4. By a copy of the letter, the sales manager is advised of the extension of credit, the initial shipment and the credit limit of the account.
5. The follow-up file can be used to closely monitor new account activity.

Note: As always, your company's situation (market, management risk appetite, etc.) and style will be unique so this can serve as a template to get started.

File Download Agreement

Important Notice:
This agreement applies to the download and use of computer files, applications, extensions, and components (collectively, "Software Components") posted in this Download Area.

By downloading this form, we agree that:

• • Highako does not give legal advice
  • Highako has made a good faith effort to review every form on this site, but neither Credit Today nor its contributors warrant them in any way.
  • It is possible that the form or document that you are downloading may not used in some states
  • On any legal-related forms, you should always consult your local counsel to be sure this will work for you.