Document templates
Payoff / Balance Letter · LETTER · v1
Preview (sample values)
Payoff Letter
Date: ‹Offer sent date›
Re: ‹Legal name› (DBA ‹DBA name›) - Deal ‹Deal number›
The total payback amount on the above advance is ‹Payback amount›. The original funded amount was ‹Funded amount› (total cost of capital ‹totalCost›).
Please contact us to confirm the current outstanding balance prior to remittance.
Merge tokens
Available tokens: Full reference
Merchant
Deal
ISO / broker
Approval
Calculated fields
Formulas use: funded, factor, buyRate, payback, term, daily, position. Insert as {{calc.name}}.