Professional Loan Application Cover Letter

Date: September 3, 2050

Ms. Laura Mitchell

Loan Application Specialist

Financial Solutions Bank

Dallas, TX 75201

Dear Ms. Mitchell,

I am writing to formally submit my application for a loan with Financial Solutions Bank. I am seeking financial assistance to support a significant business expansion project and am confident that your bank’s services will be instrumental in achieving my goals.

Loan Application Details:

• Requested Loan Amount: $100,000

• Purpose of Loan: Expansion of [Your Company Name], including new equipment purchase and facility renovation.

• Loan Term: 5 years

• Preferred Interest Rate: Please provide the current rate options available.

Applicant Information:

• Name: [Your Name]

• Company Name: [Your Company Name]

• Current Address: [Your Company Address]

• Email Address: [Your Email]

Business Overview: [Your Company Name] is a well-established company specializing in technology with a proven track record of success and growth. This loan will facilitate the acquisition of advanced equipment and the renovation of our facilities to better meet market demands and improve operational efficiency.

Enclosed with this cover letter are the completed loan application form, detailed business plan, recent financial statements, and projections for the upcoming fiscal year. These documents provide a comprehensive overview of our financial status and the anticipated impact of the proposed expansion.

I would greatly appreciate the opportunity to discuss this application with you and explore the best financing options available. Please feel free to contact me at [Your Email] to arrange a meeting at your convenience.

Thank you for considering my loan application. I look forward to your response and to working with Financial Solutions Bank.

Yours sincerely,

[Your Name]

[Your Email]

Letter Templates @ Template.net