How do I write a late payment letter? What is a good excuse for a late payment? Do you need a Friendly Apology Letter for Late Payment to Supplier?
If you want to apologize to the creditor or supplier about your late payment, an apology letter is one of the most convenient way to express your regret. In the letter you can explain why you cannot pay immediately. The person you should pay will be very unsatisfied for sure if you don't pay on time.
Apology Letter for Late Payment to Supplier
Dear Mr., Mrs.,
We are in receipt of your note dated [date]. I understand that our good company owes your business quite a lot. Therefore, I am writing to apologize for the late payment of [amount]. These payments will be sent to you by [date]. We had a small problem with our systems but now we have fixed. This shall never happen again. However, we are greatly impressed by your patience. We value our business relationships so much. Let us put this behind and keep our business in right direction. If you have any questions, please feel free to contact me directly. I will be available on phone and email in case of any query.
Therefore, you are supposed to apology first and state that why you pay so late. If you cannot pay immediately, you have to tell the other party the exact date you will pay and promise that you will never delay. It is also important to keep you manner of speaking polite and pleasant. Communicating in a professional manner will get you respect and will bring you and your company further in life and business. A Letter of Apology is an approach between you two, which can build a good comunication bridge for the business relationship.
If time or quality is of the essence, this ready-made template can help you to save time and to focus on what really matters! It comes in Microsoft Office format, is ready to be tailored to your personal needs. Completing your file has never been easier!
Download this well-crafted apology for late payment to supplier or friend template for your own benefit! And after downloading you can write and customize every detail of its appearance very quickly.
For more business templates? Just browse through our database and website! You will have instant access to thousands of free and premium business templates, legal agreements, documents, forms, letters, reports, plans, resumes, etc., which are all used by professionals in your industry. All business templates are ready-made, easy to find, wisely structured and intuitive.