Letter to Bank

Business Loan Application

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Description:

An application letter to bank applying for a loan for starting up a new business.

We enclosed a copy of our business plan for your review. We are seeing more and more [demand from our customers in this area]. With the loan [(plus the additional capital of [amount] we are going to put up)], we will be able to [upgrade our facility / add a new sales point / increase our production] to meet that increase in demand.

Document Type:

Letter / e-mail / note / correspondence

Category:

Business > Banking and Finance > Commercial Loan Agreement, Intragroup & Director Loan

 
Keywords:

loan

,  

loan application

,  

lending

,  

working capital

,  

business

,  

business plan

,  

upgrade

,  

increase in demand

,  

personal guarantee

,  

mortgage

,  

property

,