COMPANY
LOAN REQUEST MONTH DAY, YEAR Date: Borrower: Contact Person: Month Day, Year Eloquent Jewelry Design Name 1234 Main Street City, State 48900 (123) 456-7890 Commercial Term Loan $500,000 Construct new Business Building To Be Determined Commitment Letter by (Month Day, Year)
Type of Loan: Amount: Use of Proceeds: Terms: Closing Date: Takedown at Closing: Collateral:
100% To Existing Creditors First position on business assets and personal guarantee of owners To Be Determined Payment of Principal and Interest Monthly
Rate: Repayment Schedule: Source of Funds for Repayment: Alternate Source of Funds for Repayment:
Business Income
Personal Salary & Sale of Business