Finance Department Head
Gas Garments Limited
56 Straight Drive Road,
New York, New Jersey 8689
Dated: 2nd of May 2012
Subject: Letter of credit dispute
Respected Mr. Hanks,
This is in regards to the credit applied by your organization in the form of a business loan for an amount of one million dollars on 25th of April 2012. There is a certain dispute in providing the credit amount.
After any client applied for loan from us, we do a credit check of that client. Similarly we did a credit check of your organization. We found that the credit rating of your organization is negative. Your organization had earlier applied for a business loan in which there is a default in making payment and the loan amount has not been cleared.
I would request you to clear off the outstanding amount and apply to us three months afterwards.
Credit Provider Bank.