YOUR COMPANY NAME
YOUR COMPANY STREET ADDRESS
YOUR COMPANY CITY, STATE, ZIP
YOUR COMPANY PHONE AND FAX NUMBER

TODAY'S DATE

RECIPIENT'S COMPANY
ATTN: RECIPIENT'S NAME
RECIPIENT'S STREET ADDRESS
RECIPIENT'S CITY, STATE, ZIP

Please be advised that the undersigned is the holder of your guaranty wherein you have guaranteed to us full payment of all monies due us from DELINQUENT CUSTOMER.

You are hereby advised that said obligation is in default.  The present balance due us is $___.

Accordingly, demand is hereby made upon you as a guarantor to fully pay said debt.

Should payment not be received within seven (7) days, we shall proceed to enforce our rights under your guaranty, and you may incur further costs of collection and attorneys’ fees.