Letter of Intent to Apply for Loan Outline
Loan Application Request Letter to Employer
Date: September 3, 2050
Ms. Lisa Mitchell
Loan Officer
Northwest Bank
1234 Financial Way
Seattle, WA 98109
Dear Ms. Mitchell,
I am writing to express my intent to apply for a loan from Northwest Bank. This letter serves as a formal notification of my interest and outlines the purpose and details of the loan I am seeking.
Loan Application Details:
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Requested Loan Amount: $50,000
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Purpose of Loan: Expansion of my small business, [Your Company Name].
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Preferred Loan Term: 5 years
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Loan Type: Business Loan
Applicant Information:
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Name: [Your Name]
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Current Address: [Your Address]
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Contact Number: [Your Number]
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Email Address: [Your Email]
Our business has shown consistent growth over the past three years, and we are now looking to expand our operations to meet increasing demand. The loan will be utilized for purchasing new equipment, hiring additional staff, and enhancing our marketing efforts.
Enclosed with this letter, you will find a preliminary business plan outlining the intended use of the funds, financial projections, and current business performance metrics. I am keen to discuss this application further and provide any additional information needed.
Thank you for considering my intent to apply for this loan. I look forward to the opportunity to work with Northwest Bank and to explore the available options. Please contact me at [Your Number] or [Your Email] to schedule a meeting.
Yours sincerely,
[Your Name]
[Your Company Name]
[Your Number]
[Your Email]