Varsteel Steel Service Centres

 click here to see actual customer letter

Dear Mr. Thomas,

We would like to take the opportunity to thank you for your past patronage. In recent months we have noticed an increase in your purchasing requirements. In an attempt to accommodate this trend we initiated a credit review. Based on your past payment history and present business relationship, we are pleased to advise you that the line of credit for Double T Equipment Ltd. has been increased to $35,000.00. Our standard terms of sale of Net 30 days is to be maintained.

Your line of credit with Varsteel Ltd. is for your benefit as well as ours. If you have any concerns in regards to this change in your credit limit, please do not hesitate to call.

Double T Equipment's reputation in the industry is second to none, and we are proud to know that our products have been part of that reputation.

We hope to be of continued service to your company and again thank you for your support.

Yours truly,
Diane Mahoney, F.C.I.
Corporate Credit Manager
Varsteel Ltd.
January 26, 1996

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