May 19, 2009
[Name of Recipient]
[City, State ZIP Code]
Re: [Account No.]:
Dear [Name of Recipient]
We have had the above-referenced account at [Recipient Bank’s Name] for the past [length of time] and have maintained a perfect payment record within our current credit limit of [$___].
We are writing to let you know that we have now attracted new business, requiring us to order supplies in greater monthly quantities than previously and hire new staff – all of which promises a bright future for our business. However, this expansion requires greater flexibility in our cash accounts, and we therefore request an increase in our credit limit to [$______].
We are confident that, given our excellent history, this new limit can be made available to us immediately upon approval.
Please contact me if you require any additional information to process our request.
We look forward to your early response.