Free Approval Letter for Car Loan Template
Approval Letter for Car Loan
September 20, 2051
Carmelia J. Johnston
Loan Officer
Capital Drive Bank
972 Wright Court
Seattle, WA 98119
Polly E. Rogers
3191 Travis Street
Vero Beach, FL 32960
Dear Ms. Rogers,
I am writing to inform you that your loan request has been approved. We are pleased to offer you a loan with the following terms:
|
Loan Detail |
Amount |
|---|---|
|
Loan Amount: |
$25,000 |
|
Interest Rate |
4.5% per annum |
|
Repayment Period: |
5 years (60 months) |
|
Monthly Installment: |
$460.59 |
Conditions and instructions associated with this approval:
-
Please review the loan agreement document attached to this email.
-
Kindly sign and return the loan agreement within 7 days to secure the funds.
-
Upon receipt of the signed agreement, the loan amount will be disbursed to your nominated bank account within 2 business days.
If you have any questions or require further information, please do not hesitate to contact our loan department at loan.approvals@capitaldrivebank.com. Our dedicated team will be happy to assist you.
Thank you for considering Capital Drive Bank for your financial needs. We value your business and look forward to a successful partnership.
Sincerely,
Carmelia J. Johnston
cjohnston@capitaldrivebank.com
222 555 7777
