Free Disbursement of Loan Letter Template
Disbursement of Loan Letter
Date: December 10, 2050
Naomi Ortiz
Finance Manager
ForBiz
Irving, TX 75038
naomi@you.mail
Dear Ms. Ortiz,
We are pleased to inform you that the approved loan amount of $150,000 for ForBiz has been successfully disbursed to your designated business account as of the date listed above. This disbursement reflects the agreed-upon terms, including an annual interest rate of 5.8%, and a repayment period of 4 years with quarterly payments.
Enclosed with this letter, you will find a detailed schedule outlining the repayment dates and amounts to assist in maintaining accurate financial records. Please review this document carefully, and contact us if you require any clarification.
The funds are available for use as per the terms specified in our loan agreement, and any adjustments or additional documentation required in the future will be communicated in advance.
Should you need to discuss any aspect of the loan further, please feel free to reach out. Our loan management team is available to provide ongoing support throughout the duration of the loan, ensuring that any inquiries are addressed promptly and effectively.
Thank you for choosing [Your Company Name]. We look forward to supporting ForBiz in its upcoming ventures and financial goals. Should you need assistance at any point, please contact me directly, and we will be glad to assist.
Sincerely,
[Your Name]
[Your Email]
[Your Company Name]
