Free Bank Hardship Letter Template
Bank Hardship Letter
Date: November 5, 2050
Jasen Gaylord
Envexa
Colorado Springs, CO 80901
jasen@you.mail
Dear Mr. Gaylord,
I hope this message finds you in good spirits. I am writing to bring to your attention some pressing financial challenges that my organization is currently facing. Due to a combination of market fluctuations and unexpected operational costs, we have encountered significant difficulties in meeting our financial obligations to the bank.
Our company, [Your Company Name], has always prided itself on maintaining a responsible approach to financial management. However, the recent downturn in sales has severely impacted our cash flow, making it challenging to keep up with our commitments. We are taking all necessary steps to stabilize our operations, including cost-cutting measures and exploring new revenue streams.
In light of these circumstances, I kindly request your assistance in addressing our current financial situation. Any options you could provide, such as a temporary deferment of payments or a restructuring of our account terms, would be invaluable as we navigate through this difficult period. We remain committed to fulfilling our obligations and would greatly appreciate your understanding and support.
Thank you for your consideration. I look forward to discussing this matter further and working towards a solution that benefits both parties.
Sincerely,
[Your Name]
[Your Company Name]
