Credit reference letter template for businesses

Credit letters are issued by the bank as a grantee and assurance of genuine and honesty of purchasing as well as selling party. Whatever may be terms and conditions mentioned in the credit letter should be agreed by the selling as well purchasing party. The bank plays the mediator between the selling and purchasing party through issuing credit letter.

Mr. Dorothy B. Estrada

Branch Manager

National Bank of Laurel Pvt. Ltd

4279 Flanigan Oaks Drive
Laurel, MD 20707
27 September 2010
Subject: CREDIT REFERENCE LETTER
Dear, Mr. Dorothy
I am Mr. Robert C. Hayes owner of the Hayes Industries Pvt. Ltd I own a current account in your bank since past 6 years and my transaction record with your branch is very good. I have always received great honor and respect from your bank whenever I visited to your branch. I am very please to hear that your bank support the new talented and sincere entrepreneurs who wanted to started their own enterprise. But for that a strong reference or guarantee is required. One of my child hood friends he wanted to start up his own enterprise of tools and machinery. But he is facing lack of capital to start such small enterprise. He approach your bank for credit purpose which he will use as capital from there he came to know that it requires a reference of a current bank member. Thus I am ready to take his guarantee and give my reference towards repayment of credit amount on time as per rules and regulations made by you.
Thanking You
Yours Sincerely,

Mr. Robert C. Hayes

Owner- Hayes Industries Pvt. Ltd

2863 Smith Street
Southbridge, MA 01550

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