Request to Bank to Extend Loan for Financial Support

The document titled 'Request to Bank to Extend Loan for Financial Support' is a formal letter requesting a loan extension from a bank to provide financial support for a business or an individual. The document begins with the sender's contact information, including their name, address, phone number, and email. It is addressed to the bank and includes the current date.

 

The detailed introduction of the entire document explains the purpose of the letter, which is to request a loan to support the business or individual during a difficult period caused by the impact of the coronavirus and government restrictions. The sender emphasizes their good payment history and long-term commitment to the bank. They express their hope to bounce back once the crisis is over and remain a loyal customer.

 

If the loan is requested on behalf of a company, the introduction mentions the company's name and highlights its status as a long-term customer of the bank. It explains that the loan will help the company stay afloat and overcome the loss of revenue and operational hurdles caused by the crisis.

 

If the loan is requested by an individual, the introduction mentions the sender's status as a long-term customer of the bank and their diligence in making payments. It explains that the loan will help the individual cope with the unprecedented loss of income caused by the crisis.

 

The introduction also includes optional sections depending on the circumstances. If there is a guarantor willing to provide a personal guarantee for the loan, it is mentioned. If the sender is able to offer a property as collateral, it is also mentioned.

 

The conclusion of the letter expresses gratitude for considering the request and anticipation of a positive reply. The sender emphasizes their desire to survive the crisis with the bank's assistance and continue their long-term relationship. Contact information is provided for further communication and assistance with the loan application.

 

The document consists of a single section, which is the letter itself. It does not contain any subsections or additional parts.

 

How to use this document?

1. Provide your personal or company information, including your name, address, phone number, and email.

2. Address the letter to the bank and include the current date.

3. Clearly state the purpose of the letter, which is to request a loan extension for financial support during a difficult period caused by the impact of the coronavirus and government restrictions.

4. Emphasize your good payment history and long-term commitment to the bank.

5. If the loan is requested on behalf of a company, mention the company's name and highlight its status as a long-term customer of the bank. Explain how the loan will help the company stay afloat and overcome the loss of revenue and operational hurdles caused by the crisis.

6. If the loan is requested by an individual, mention your status as a long-term customer of the bank and your diligence in making payments. Explain how the loan will help you cope with the unprecedented loss of income caused by the crisis.

7. If there is a guarantor willing to provide a personal guarantee for the loan, mention it.

8. If you are able to offer a property as collateral, mention it.

9. Express gratitude for considering the request and anticipation of a positive reply.

10. Emphasize your desire to survive the crisis with the bank's assistance and continue your long-term relationship.

11. Provide your contact information for further communication and assistance with the loan application.