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Business apology letter for late payment

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Business apology letter for late payment
January 25, 2019 Anniversary Wishes For Parents No comments

Here's an example letter of how to write an apology letter for late payment. In the second paragraph, you should stress the importance of your business.

Sample Apology letter for Late Payment to Supplier

[Here briefly describe on sample Apology letter format for Late Payment to Supplier. You should show a reasonable cause for Late Payment of Rent. You can modify this format as your requirement.]

Date…

Recipients name…

Company’s address…

Sub: Apology letter for Late Payment to Supplier

Dear [sir/madam],

We are in receipt of your note dated [date]. I understand that our good company owes your business quite a lot. Therefore, I am writing to apologize for the late payment of [amount]. These payments will be sent to you by [date]. We had a small problem with our systems but now we have fixed. (show actual problem and situation). This shall never happen again.

However, we are greatly impressed by your patience. We value our business relationships so much. Let us put this behind and keep our business in the right direction.

Yours sincere,

Sign…

Name…

 

Another format,

Date…

Recipients name…

Company’s address…

Sub: Payment delay letter to the client

Dear [sir/madam]

We are still waiting for your payments, which was due by [date]. We are afraid that there have been no payments received. If you could be facing some challenges, kindly contact us. We shall look into the issue further. (show actual problem and situation).

Otherwise, we are looking forward to receiving the payments by [date] latest.

We are determined to serve you better.

Yours sincere,

Sign…

Name…

An apology letter for late payment is written to express regret for making a late payment. This is part of business etiquette that helps to maintain good business.

Letter - PAYMENT ENCLOSED--APOLOGY FOR LATE PAYMENT

business apology letter for late payment

Sample Letter #1

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Enclosed is a check for $100.00 to complete payment on invoice #123. This check should cover the entire overdue balance. Please accept our apologies for this oversight. We are truly sorry for any inconvenience it may have caused you.

Sample Letter #2

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By now you are aware that we did not make our March rent payment of $650. We have scrambled for weeks to meet our expenses, but will not be able to get the payment to you until March 20. We apologize for our late payment and hope you can work with us during this difficult time.

We appreciate all you do for us and want you to know we could not ask for a finer landlord. Thank you for your understanding. Please look for the check to arrive in the mail soon.

Sample Letter #3

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I am sorry that you have not yet received my payment this month. I recently found an error in my account and didn't want to send the payment until I was sure that check would not be returned. The bank has since accepted responsibility for the error, and I plan to have the funds transferred to you immediately.

The bank has assured me that the circumstances that led to the oversight are unusual and it is unlikely that this will ever happen again. I have been happy with our business relationship and trust that this incident will not jeopardize our future dealings.

Sample Letter #4

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Please find enclosed with this letter a check for two months' payment, plus a late fee. I am sorry for the delay, but I was unable to send last month's payment on time due to unexpected medical expenses. I appreciate the opportunity to do business with you and ask for your understanding during this temporary financial difficulty.

Sample Letter #5

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Enclosed is a check for half the amount of rent I owe you. I expect to be able to pay the outstanding balance, including the late fee, on or before the 20th. I am sorry to be so late with my payment, and hope that this has not caused you any great inconvenience. My hours at work were cut unexpectedly, leaving me short of money this week. I am just starting another job and will be able to pay on time in the future.

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8 Apology Letter for Being Late Download for Free

business apology letter for late payment

Apology Letter for Late Payment

An apology letter for late payment is a part of the business etiquette, and is written to convey an apology for the delay in the payment of bills. Scroll down to find the correct way to write and format this kind of a letter.
In the professional world, certain etiquette and mannerisms are expected from all of us. One should always be courteous and sporting enough to apologize for mistakes like late payments. The apology can also be conveyed personally, but in the business world, letters are the preferred means of communication. Money is the backbone of any business and delay in the payment of bills can sometimes give rise to legal issues. Apology letters help in salvaging relations and go a long way in rebuilding a damaged relationship.

Apology letters are required to be written in case of late payment of bills, of rent, etc. Thus the knowledge of writing business letters is important, as one cannot simply write whatever one wants to. Let's see how these types of letters are expected to be written and formatted.

How to Write a Letter of Apology for a Late Payment?
This letter includes the contact details of the letter writer and the addressee, date, subject line (purpose of writing the letter in one line), salutation (way of addressing the letter addressee) and valediction (phrase used to end the communication).

The content of the letter should be neatly written, covering each and every aspect concerning the delay. In the first paragraph accept the mistake and apologize for the delay in payment. The letter should also cover details like reason for the delay in payment. Through the letter assure the addressee that you would try your best to avoid these delays in payment in the future. The sample given below would clear the idea about what should be written.

Letter Template


(Your Name)
(Address line 1)
(Address line 2)

(Date)

(Name of the Addressee)
(Address line 1)
(Address line 2)

Subject: Letter to apologize for late payment of bills.

Salutation (Dear Mr./Ms.),

------Content of the letter------

Valediction (Generally "yours sincerely" or "yours faithfully" is used.)

(Your Name)


Letter Sample


Andy Reynolds,
Store Manager,
Hopkins Medical Store,
Claire Street,
Ohio - 4141.

(Date)

Josh Wilson,
General Manager,
Smith Pharmacy,
12/2, Doorway Street,
Ohio - 4141.

Subject: Letter to apologize for the late payment of bills.

Dear Mr. Josh Wilson,

Through this letter, I apologize to you for the inconvenience caused to you, owing to the late payment of bills from my side. This was not intended, and considerable loss in business due to office relocation issues has made it impossible for me to pay the bills on the discussed date.

This is the first instance that our organization has not cleared the bills on time, and we would really appreciate it, if you give us an extension of one month to pay the dues. I assure you that I will pay back all my dues on_____(date). I sincerely regret this delay in the payment of bills, and promise you that I would make sure such a delay doesn't occur in the future. Thanking you.

Yours sincerely,

Andy Reynolds

Writing an apology letter is always a good thing as it conveys your sincerity and regret to the addressee. Before sending the letter it should be seen that the letter is free from any errors like spelling mistakes and grammatical errors. Hope you found the above sample useful. Writing these letters is a part of business etiquette and should be followed for building and maintaining a successful relationship with your business partner. All the best!

An apology letter for late payment is written to express regret for making a late payment. This is part of business etiquette that helps to maintain good business.

Sample apology letter for late payment

business apology letter for late payment

Apology Letter for Late Payment: Looking for a way to apologize for making a late payment? It happens sometimes with us that we forgot to make a payment or couldn’t make a payment due to any reason. If that happened to you and you want to apologize for it then use the apology letter samples shared below and find which one is suitable as per your situation. It’s important to make good relations with the opposite party and to do that you must make a habit of accepting your mistakes and apologize for the same. Successful people know the importance of good relations. In whatever business you are, you need other people to drive that business. You might remember this famous quote that “Human is a social animal who can’t live with the help of other people”. And this is absolutely right.

Either you’re an individual who is taking services from other or a big company who is providing services, if you’ve made a late payment then these are the apology letter samples that can help you in making a situation better. Read them properly and the use them smartly as per your situation.

 

Letter of Apology for Making Late Payment

 

Three letter samples are shared here, pick anyone as per your choice and requirement. Here you go with sample number one:

 

Dear {Mr./Mrs. Name},

I apologize for the delay in payment on {}. I understand the problems that you have to go through because of this and I would like to say sorry for this. I take full responsibility of my mistakes and I assure you that this type of mistake won’t happen again in future.

I have included the check for the full amount of {amount}, signed and dated on {date}.  I apologize again for the delay and thank you for your time and patience. I hope that this mistake won’t hamper our business relationship.

Sincerely,

{Your Name}

 

Apology Letter for Late Payment

 

Dear {Mr./Mrs. Name},

I am sorry for the delayed in payment. The payment was scheduled to release on {mention date} but it got a delay because of {mentione reason}. I have already put a {solution} into effect so that this type of mistake won’t happen again in the future.

I apologize for the inconvenience that you have to go through because of the payment delay. I assure you that this was a one-time error on my part. I’m ready to pay late fee charges if there are any late free criteria. Do let me know about. Our business relationship is extremely important and I would like to keep that in good terms only.

Again, I apologize for the delay.

Sincerely,

{Your Name}

 

Formal Apology Letter for Late Payment

 

Dear Mr/ Ms. Name,

I am writing this letter to apologize for the late payment of interest for the loan taken by our company. The interest of the loan was supposed to be serviced in every month as per the terms and conditions. Unfortunetely, out compnay was unable to pay the interest for the last month necause of the poor financial condition. We are currently unable to fund our basic necessary expenses.

Hope that you will cooperate with us during this tough time. I am confident that we will soon start paying the due interest of our loans.

Your’s Sincerely,

{Your Name}

The purpose of sharing these Apology letters for Late Payment samples is to let you prepare your own apology letter as per your situation. Hopefully, this post serves the purpose by providing what you were looking for. If you are looking for anything specific then do let us know through the comment section. We will help you as soon as possible.

Subscribe to this blog to get a notification each time we publish a new apology letter sample. Keep visiting Get Apology Letter for more such useful sorry letter samples.

 

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Writing Apology letter sample for delay in payment. How to write formal letter to apologize for delay in rent payment. Business apology letter.

business apology letter for late payment
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