December 12, 2008
January 15, 2007
ABC Latina, Inc
Attached is an aging summary that ABC Latina, Inc ("ABC") has a large accumulation of overdue invoices, which forces us to write this reminder to you.
ABC is an exclusive distributor of Erox products for Latin America, and Erox permitted ABC to purchase products on credit with net 30 days on air/ocean shipments. Unfortunately, ABC has repeatedly submitted late payments.
As a result of ABC's late and slow payment history, Erox may reduce the amount of credit, or require shipments to be COD if the present paying habit of yours continues.
Therefore, we request your immediate payments for the overdue invoices in order for both of us to have a sound business relationship. I hope that you receive this letter in the spirit of cooperation.
Thank you very much.