[l-Date]
To:
[r-Name]
[r-Address]
From:
[s-Name]
[s-Company]
[s-Address]
[s-Phone]
RE: [s-Reference]
Dear [r-FName]:
Enclosed is payment
in the amount of [s-CheckAmount] which should clear up the current
balance in our account with you.
We apologize for the
length of time it has taken to remit our payment. Please understand
that we have been experiencing some cash flow problems. However, we
are now on the road to recovery and anticipate a good year, as well
as maintaining our accounts.
Thank you for your
patience and understanding in this regrettable situation.
Best regards,
[s-Company]
[s-Name]
[s-Title]