Loan Finance Application Letter
[Your Company Name]
[Your Company Address]
[Your Company Email]
March 6, 2050
Jewell Ward
Eyefusion
Phoenix, AZ 85001
Dear Ms. Ward,
I am writing to formally apply for a loan of $25,000 from Eyefusion. The purpose of this loan is to finance the expansion of my small business, [Your Company Name], which has been operating successfully for the past five years.
I have been a customer of Eyefusion for over three years and have maintained a satisfactory banking relationship. My current annual income is $75,000, and my monthly expenses total approximately $4,500. I have attached documentation that provides a detailed overview of my financial situation, including my last two years of tax returns, recent bank statements, and my credit report.
I believe this loan will help me achieve a 30% increase in revenue by allowing me to expand my product line and increase my marketing efforts. I am committed to repaying the loan within the agreed-upon terms and have considered a repayment plan that fits within my budget.
Thank you for considering my application. I look forward to your favorable response. Please feel free to contact me at [Your Company Number] or [Your Company Email] if you require any further information.
Sincerely,
[Your Name]
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