Trade credit reference letter
Here is a standard trade reference definition. A trade reference on a credit application is used to help lenders and business to business suppliers make decisions about whether or not to extend credit to a credit applicant. A- [Credit Reference], [Contact Information] B- [Credit Reference], [Contact Information] C- [Credit Reference], [Contact Information] You will see that each of our accounts is in good standing. We have long-term relationships with each of these trade and credit reference companies. A credit reference letter highlights your past credit relationship with financial institutions and businesses. The letter shows your creditworthiness, i.e. your ability to repay for services and goods obtained by credit in time. Your bank, suppliers, landlord, etc. can write a letter to the requester as proof you settle your payments in time.