Free Loan Sanction Letter Template
Loan Sanction Letter
Date: November 15, 2050
Emmy Green
Financial Director
NeoEdge
Reno, NV 89501
emmy@you.mail
Dear Ms. Green,
We are pleased to inform you that NeoEdge has been approved for a business loan with [Your Company Name] as per the terms agreed upon in our recent discussions. The sanctioned loan amount is $250,000, which will be disbursed to the designated account once all necessary formalities are completed.
This loan carries an interest rate of 6.5% per annum, and repayment is scheduled over a period of 5 years with quarterly installments, as outlined in the attached documentation. Please review the terms carefully, as all outlined conditions will apply throughout the loan tenure.
To finalize the process, kindly submit the signed acceptance form and required documentation by December 1, 2050. Upon receipt of these documents, the loan amount will be credited to your business account within 5 business days.
For your convenience, a dedicated relationship manager from [Your Company Name] will be available to assist you with any queries during the loan tenure and to ensure timely and smooth operations.
Thank you for choosing [Your Company Name]. We look forward to supporting the growth and success of NeoEdge. For further assistance or inquiries, please reach out to me directly.
Sincerely,
[Your Name]
[Your Email]
[Your Company Name]
