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]