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Letter requesting credit limit increase

Description

This letter template requests an increase in your company's line of credit due to your reliable and timely payment history.

User
[Company Name]
[Street Address]
[City, ST ZIP Code]
[Date]

[Recipient Name]
[Title]
[Company Name]
[Street Address]
[City, ST ZIP Code]

Dear [Recipient Name]:

We have enjoyed doing business with your institution for the last [number of years] years. We have shown that our company is a reliable client and that we pay our bills promptly.
We would like to request an increase in our line of credit, which is currently limited to $[amount]. Our business is growing, and we need to purchase additional equipment. An increase in our credit limit to $[amount] will enable us to complete this planned expansion.
Should you require any additional financial information, please call me at [phone number]. Thank you for your prompt attention to this matter.
Sincerely,
User
[Title]

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