Free Loan EMI Extension Request Letter Template
Loan EMI Extension Request Letter
Date: April 15, 2050
Salvador Green
Loan Account Supervisor
OmniTrick
Scottsdale, AZ 85250
salvador@you.mail
Dear Mr. Green,
I am writing to formally request an extension on the EMI payments for the loan account held with OmniTrick due to unforeseen financial constraints. Our business operations have experienced a temporary setback over the past quarter, impacting cash flow and making it challenging to meet the original EMI schedule as planned.
We are seeking an adjustment in the payment terms, specifically requesting a six-month extension to allow for recovery and stable re-alignment of financial resources. This additional time would enable us to ensure consistent repayments without disruptions.
We believe that this short-term extension will greatly enhance our ability to meet the obligations under the loan terms effectively. Should there be any specific documentation or additional requirements needed to process this extension, please let us know, and we will comply promptly.
Additionally, we are open to discussing potential revised repayment schedules or any alternate arrangements that OmniTrick may suggest as part of this request.
We greatly appreciate your consideration of our situation and thank you for your assistance in this matter. Please feel free to contact me directly to discuss any details, or if there are additional conditions that must be met to facilitate this extension.
Sincerely,
[Your Name]
[Your Email]
[Your Company Name]
