Printable Loan Letter
Printable Loan Letter
Date: September 3, 2050
Hank Wilkins
Fort Wayne, IN 46801
Dear Hank Wilkins,
We are pleased to provide you with this formal loan agreement letter for your records. This document outlines the terms and conditions of the loan provided by [Your Company Name] and is intended for your reference and printing.
Loan Details:
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Loan Amount: $75,000
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Interest Rate: 4.5% per annum
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Repayment Term: 4 years
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Monthly Installments: $1,735.55
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Purpose: To fund the expansion of your home-based business, including the purchase of new equipment and inventory.
Repayment Plan:
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Disbursement Date: September 10, 2050
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Repayment Schedule: Monthly installments due on the 15th of each month.
Collateral:
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Personal property located at 1234 Elm Street, Seattle, WA 98101.
Enclosed with this letter is a printable copy of the loan agreement, including the complete terms, repayment schedule, and details about the collateral. Please review this document thoroughly and retain it for your records.
If you have any questions or need further clarification, please contact us at [Your Email]. We are here to assist you with any concerns you may have.
Thank you for choosing [Your Company Name] for your financing needs. We look forward to supporting your business goals.
Sincerely,
[Your Name]
[Your Company Name]
