Dear Felix
We are happy to inform you that your credit application has been approved. We hope that you will enjoy the benefits of a [STATE TERMS $10,000 maximum 2/10 net 30] account, and we are certain that these terms will better facilitate doing business together.
Enclosed, please find a copy of our credit terms. This document explains in detail how your account will be billed each month.
Feel free to contact me at XXX-XX-XX should you have any concerns or questions.
Regards
Lydia