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:

  • Amount Approved: $5,000

  • Purpose of Advance: To cover initial project expenses for the upcoming collaboration.

Terms and Conditions:

  1. The approved advance payment is subject to a 5% interest rate, calculated on a monthly basis.

  2. Repayment of the advance amount will commence on December 1, 2053, and is expected to be completed by March 1, 2054.

  3. 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