Simple Loan Request Application Letter

Simple Loan Request Application Letter

Date: September 3, 2050

Ms. Emily Carter

Loan Specialist

Citywide Bank

1234 Main Street

Chicago, IL 60601

Dear Ms. Carter,

I am writing to request a loan from Citywide Bank to support the operational needs of [Your Company Name], a growing restaurant business. We require funding to manage upcoming expenses and ensure smooth business operations.

Loan Request Details:

  • Requested Loan Amount: $50,000

  • Purpose of Loan: To cover operational costs including inventory purchase and payroll for the next three months.

  • Repayment Term: 12 months

  • Interest Rate: Please provide the applicable rate.

Business Overview: [Your Company Name] is a well-established restaurant specializing in Italian cuisine. We have been in operation for 20 years and have a consistent record of financial stability and customer satisfaction.

Enclosed, please find the completed loan application form along with our most recent financial statements and a brief overview of our business operations.

I would appreciate it if you could review this application and let me know if there are any additional details or documents required. Please contact me at [Your Number] or [Your Email] if you need further information or wish to discuss this application.

Thank you for your consideration of this loan request. I look forward to your prompt response.

Yours sincerely,

[Your Name]

[Your Company Name]

[Your Number]

[Your Email]

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