I appreciate the opportunity of meeting you to discuss your existing credit and

collection policy and to discuss ways in which our consulting department can
possibly help in improving the credit and collection policy and help achieved the
objectives of your company.
I understand that you are considering the improvement of your current credit and
collection policy. We came to understand that your current credit and collection
policy is not effective and does not provide the desired level of collections and
credit. Also, it was not able to control delinquent debtors, factors that are not
beneficial for the improvement of business operation.
Benefits of Credit and Collection Policy
Since credit and collection policy is one of the core policies of the bank, its
effectiveness or ineffectiveness greatly affects the operations and profitability of the
business. While it may seem a daunting task, creating an effective credit and
collection policy will make and keep your company stronger. If credit collection is
improved there would be an increase of money. The availability of this money would
mean that the bank will be able to improve the inflow of cash and it will be able to
lend or circulate it in the operation.
Our Approach to Assisting your Bank
The loan managers have the responsibility of increasing the credit accounts of the
bank while increasing the efficiency of its collection processes. Our suggested
course of action is that you utilize our technical support to review and evaluate your
credit and collection policy. To assist your institution, we have developed techniques
we believe to be essential in meeting in meeting your companys needs.
Our suggested approach to your specific needs consists of the following:

Lower your banks credit interest. This would attract business owners to
increase the current amount of their credit account, and would attract new
customers to borrow money from your bank.
Offer a new type of service that would cater the needs of the rapidly
increasing number of overseas workers. The show-money type of service
would definitely increase the amount of borrowings from the bank.
Conduct a deeper investigation for the current and new customers. Have a
more strict policy in providing loans for such costumers. Asses their history in
paying their previous debts, and evaluate their credibility as to their ability to
pay. This would help minimize delinquent accounts, and would help in
efficiently collecting dues from their customers.

Anticipated Benefits to the Bank

I believe the aforementioned will maximize the benefits to you from engaging the
services of our consulting personnel. Our assistance results in an organized and

thorough approach to improving your credit and collection policy. In addition, our
assistance will provide expertise in the area of managerial and financial accounting.
Throughout the study we will work closely with credit and collection personnel in
evaluating the data related to credit and collection risk management.
Most importantly we believe our approach will ensure that the bank is efficient and
effective in following the credit and collection policy to improve the operation of the
company.
Our firm
We have eight consulting professionals in our office that specialized in management
advisory services. By rendering distinguished service to a wide variety of clients, we
have increase the level of service provided by our staff by over 85% in less than 3
years. We believe this growth is the result of satisfaction of our clients with our
services.
We believe that the wealth of our recent experience, the satisfaction of our clients
and the fact that you will be serve the same experienced professionals who are
responsible for our growth, our all persuasive reasons by our team should be
selected to perform this project.
Staffing and Fees
I will have the overall responsibility on the project. Ms. Alfe Joy Pacua, a Senior
Consultant in our office will assist with the project. We can begin