Bank Loan Request for a SMB by taster

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January 23, 2011
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Contact Name
Address
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Address2
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City, State/Province
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Zip/Postal Code
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OBJECT: BANK LOAN REQUEST
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Dear [CONTACT NAME],
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[COMPANY NAME] is a high-end [INDUSTRY OR MARKET] firm with a reputation for integrity, quality,
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and excellence in management. In [NUMBER] years annual sales have increased to be well over
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[AMOUNT] dollars.
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[COMPANY NAME] was formed by [PRESIDENT NAME] as [SPECIFY] in [MONTH, YEAR]. In [YEAR] a
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combination of activities involving [DESCRIBE] brought Gross Sales of [AMOUNT].
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The Company experienced steady growth since its inception, and incorporated in [DATE], (see Appendix
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1, Articles of Incorporation). In [YEAR] Gross Sales of [AMOUNT] were achieved. In [YEAR], signed
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contracts show that Gross Sales are expected to be [AMOUNT] (see Appendix 2, current Backlog).
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The Company has its address in [LEASED?] premises at [ADDRESS]. Its activities fall under the
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Standard Industrial Classification SIC [NUMBER] and [NUMBER]. The owner is [PRESIDENT NAME].
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[COMPANY NAME] is involved in [NUMBER] distinct activities:
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      1. [FIRST ACTIVITY]
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      2. [SECOND ACTIVITY]
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      3. [THIRD ACTIVITY]
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[%] of the Gross Sales are in [ACTIVITY]. At the moment there are [NUMBER] permanent employees on
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the payroll and [NUMBER] subcontracted workers excluding subcontracting companies (see Appendix 3
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for resumes).
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The company's Short Term Objectives (within the next three years) are to increase activity in all Divisions,
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and to achieve annual profit, net after taxes, of [AMOUNT] by [YEAR]. Its Long term objectives are to
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maintain the level of current business achieved up to [YEAR], and then to move into [ACTIVITY] and
[ACTIVITY].
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To implement these objectives the company needs:
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      1. A loan of [AMOUNT] at Prime plus [%]. This loan to be used for current near term expenses
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         including [DESCRIBE], [DESCRIBE] and [DESCRIBE]. It will be repaid in [NUMBER] years.
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      2. A line of credit of [AMOUNT] to take advantage of discounts available, avoid associated
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         penalties, and expand into high profit areas requiring positive cash flow.
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                                                        Company Name                                                                                              r
                  Street, City, State/Province, Zip/Postal code Tel: (000) 000-0000 / Fax: (000) 000-0000                                                         o
                                                     www.yourwebsite.com                                                                                          t
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© Copyright Envision Corporation. 2002. All rights reserved. Protected by the copyright laws of the United States & Canada and by international treaties. IT IS
ILLEGAL AND STRICTLY PROHIBITED TO DISTRIBUTE, PUBLISH, OFFER FOR SALE, LICENSE OR SUBLICENSE, GIVE OR DISCLOSE TO ANY OTHER
PARTY, THIS PRODUCT IN HARD COPY OR DIGITAL FORM. ALL OFFENDERS WILL BE SUED IN A COURT OF LAW.


The prospects for [COMPANY NAME]'s continued growth are excellent, with [YEAR] contracts underway
already exceeding [AMOUNT].

For equity the company has assets of [AMOUNT] (see Appendix 4, Balance Sheet as of mm/dd/yy).
Additionally the company's owners are willing to offer as collateral a second mortgage on a residence with
an estimated value of [AMOUNT]. The address of this residence is [ADDRESS].

The company's overall objective is to satisfy that market segment that demands [DESCRIBE WHAT
CUSTOMERS ARE LOOKING FOR], and to maintain a steady growth in sales volume that will sustain
the company for [NUMBER] years. [PRESIDENT NAME] has enhanced his reputation to the point where
the company is regarded as the recommended choice due to the excellence of its [PRODUCTS] and
management.

Market research shows that [DESCRIBE MARKET NEW DATA]. [COMPANY NAME] intends to pursue
this market vigorously. (See Appendix 5 for data on our market niches).


Financial Objectives

The financial objectives of [COMPANY NAME] over the next few years are as follows:

                                                      YEAR                              YEAR-YEAR
 Sales                                                [AMOUNT]                          [AMOUNT]
 Net Income after Tax                                 [AMOUNT]                          [AMOUNT]



Please review the enclosed business plan and loan proposal, and of course feel free to ask for any
additional information or explanations you may want. I will call you in about one week to arrange an
appointment so we can discuss the loan in person.

I look forward to a mutually profitable relationship with the [BANK].


Sincerely,




Your name
Your title
(800) 123-4567
youremail@yourcompany.com




                                                        Company Name
                  Street, City, State/Province, Zip/Postal code Tel: (000) 000-0000 / Fax: (000) 000-0000
                                                     www.yourwebsite.com

								
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