Letter - ASSIGNMENT OF ACCOUNTS RECEIVABLE WITH RECOURSE
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Writing well, just like speaking well is a valuable communication skill especially when it comes to business matters.
Business letters tend to be more formal and are often sent to people we don’t know. They need to convey the right tone - whether it be authority, disagreement, satisfaction or gratitude.
Whenever you write to a prospect, customer, supplier or an employee it is vital to present a professional document so you can make the right impression.
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You are not permitted to reproduce these letters on any medium for public display or re-sale.
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FOR VALUE RECEIVED, the undersigned hereby sells and transfers all right, title and interest in and to the account[s] receivable as annexed; to _.
_, the undersigned warrants that said account[s] are just and due and the undersigned has not received payment for same or any part thereof.
It is further provided that if any said account does not make full payment within _ days, said account[s] may be re-transferred to the undersigned and the undersigned shall repurchase same for the balance then owing on said account[s].
Signed under seal this _ day of _, 20_.
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