Free Approval Letter for Advance Payment Template
Approval Letter for Advance Payment
Michael Rogers
Email: michael@everestcorp.com
November 21, 2053
Leroy Jennings
Stellar Tech Investments
2296 Heritage Road
Fresno, CA 93721
Dear Mr. Jennings,
We are pleased to inform you that your recent request for an advance payment has been carefully reviewed and approved. We value our business relationship and are committed to ensuring its smooth and mutually beneficial continuation.
Details of the approved advance payment are as follows:
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Amount Approved: $5,000
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Purpose of Advance: To cover initial project expenses for the upcoming collaboration.
Terms and Conditions:
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The approved advance payment is subject to a 5% interest rate, calculated on a monthly basis.
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Repayment of the advance amount will commence on December 1, 2053, and is expected to be completed by March 1, 2054.
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In the event of any unforeseen circumstances that may affect the repayment schedule, we kindly request immediate communication to discuss possible adjustments.
Please do not hesitate to contact us at 222 555 7777 or via email at support@everestcorp.com should you require any clarification or if there are additional details you would like to discuss.
We appreciate your continued partnership and look forward to the successful collaboration ahead.
Sincerely,
Michael Rogers
Finance Manager