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Welcome to video three in this free credit control training course on YouTube. In the last video, we discussed credit application forms and procedures. In this video, we will focus on sending an approval letter after approving a credit application and enhancing our credit control spreadsheet template. The approval letter template, available for free from Microsoft, includes space for company and recipient details. It can be customized with logos or additional information. The letter is designed to be used with a window envelope for easy mailing.