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-
- Dear
-
- This letter is in response to your inquiry regarding our
- flexibility in the discount rate we offer for early
- settlement of accounts.
-
- Our established discount is 2% of the total invoiced amount
- when payment is received within 10 days of delivery. This
- figure is not one that has been arbitrarily chosen, but is
- based on cost, overhead and profit. To increase this discount
- rate for all of our accounts would seriously jeopardize our
- firm and to increase the rate for an individual account would
- be both unfair and unethical. I believe that you will find
- that the 2% discount rate we offer our customers is s