Business Outline Credit Letter
Business Outline Credit Letter
Your Company Name:
Your Company Email:
Your Company Address:
Date:
Lender's Name:
Lender's Title:
Lender's Address:
Subject: Request for Credit
1. Introduction
Start with a brief introduction of your business. Include the following details:
-
Business Name: Insert your business name
-
Business Structure: (e.g., LLC, Corporation, Sole Proprietorship)
-
Date Established: Insert establishment date
-
Business Overview: A concise description of what your business does and its mission.
2. Purpose of Credit Request
Clearly state the amount of credit you are requesting and the specific purpose for which you need it.
3. Business Financials
Provide a summary of your business’s current financial status, including:
-
Annual Revenue: Insert last year’s revenue
-
Profit Margin: Insert profit margin
-
Current Assets: Insert total current assets
-
Current Liabilities: [nsert total current liabilities
4. Repayment Plan
Outline your proposed repayment terms and schedule, including the duration of the loan and how you plan to repay it.
5. Collateral Information
If applicable, mention any collateral you are willing to offer to secure the credit.
6. Conclusion
Thank the lender for considering your request and express your willingness to provide additional information or documentation.
7. Contact Information
End with your contact information for follow-up.
