Free Acknowledgement Letter for Borrowing Money Template
Acknowledgment Letter for Borrowing Money
June 5, 2053
George Bourque
Lender
Seattle, WA 98109
Dear Mr. Bourque,
I am writing to express my sincere gratitude for the receipt of the borrowed funds. Your prompt action in providing this financial support is greatly appreciated.
The borrowed funds of $600.00 will be instrumental in covering unexpected medical expenses. Your generous loan will allow me to address these urgent matters promptly and alleviate the associated financial strain.
I understand and acknowledge the terms of the loan, including the agreed-upon interest rate and repayment terms. I assure you of my commitment to repaying the loan within the specified time frame.
Once again, I would like to extend my deepest thanks for your support. Your trust in me is truly valued, and I am grateful for this opportunity.
Sincerely,
Courtney Smith
Lendee
