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Bank Loan Request Letter

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Bank Loan Request Letter Powered By Docstoc
					This is a sample Bank Loan Request Letter from a company requesting a loan from a
bank. It contains a summary that briefly describes the company, reason for the request,
the opportunity (if applicable), and how the requested funds will be used. The bank loan
request document is similar to a standard cover page. The letter should be addressed
directly to the appropriate bank personnel and be accompanied by a detailed business
plan or proposal. This document is ideal for a small business who is trying to obtain a
bank loan for a specific purpose.
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[CONTACT NAME]                                                                                                                                                    E
[CONTACT TITLE]                                                                                                                                                   n
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[ADDRESS]                                                                                                                                                         i
[ADDRESS 2]]                                                                                                                                                      s
[CITY, STATE, ZIP]                                                                                                                                                i
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RE: BANK LOAN REQUEST
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Dear [CONTACT NAME],                                                                                                                                              o
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[COMPANY NAME] is a successful and well established [BUSINESS DESCRIPTION] business that                                                                          a
began operating in [MONTH, YEAR] as a small [BUSINESS DESCRIPTION] business selling                                                                               t
[DESCRIPTION OF PRODUCTS/SERVICES]. [COMPANY NAME] not only sold its                                                                                              i
[PRODUCTS/SERVICES] through its own website, but also through [LIST SELLING CHANNELS],                                                                            o
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realizing annual sales of [AMOUNT] in its first year of operation. In just [NUMBER OF YEARS]                                                                      .
years, annual sales have soared to [AMOUNT]. Both the company’s headquarters and
production facility are currently located in [CITY, STATE].                                                                                                       2
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In [YEAR], [SUBSIDIARY] was established as a subsidiary of [COMPANY NAME], to serve as a                                                                          2
distributor for [COMPANY NAME]. Within two years, [SUBSIDIARY] has already generated                                                                              .
[AMOUNT] in annual sales.
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Strong sales growth is expected to continue over the coming years, and there are immediate                                                                        l
opportunities to capitalize on within the market, particularly through successful corporate
sponsorship, strategic alliances, production and technology.                                                                                                      r
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The Company would like to take advantage of this market opportunity by expanding its existing                                                                     h
business to gain market share, reduce production costs, and realize its full Return on                                                                            t
Investment (ROI) potential.                                                                                                                                       s

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The Company, which has successfully positioned itself as a key player in the [INDUSTRY                                                                            e
DESCRIPTION] industry is seeking a loan in the amount of [AMOUNT], for immediate market                                                                           s
expansion and to realize operational efficiencies. These funds will be exclusively earmarked for                                                                  e
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infrastructure investment, inventory, and operations, and will be used to accomplish four                                                                         v
specific objectives:                                                                                                                                              e
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DOCUMENT INFO
Description: This is a sample Bank Loan Request Letter from a company requesting a loan from a bank. It contains a summary that briefly describes the company, reason for the request, the opportunity (if applicable), and how the requested funds will be used. The bank loan request document is similar to a standard cover page. The letter should be addressed directly to the appropriate bank personnel and be accompanied by a detailed business plan or proposal. This document is ideal for a small business who is trying to obtain a bank loan for a specific purpose.
This document is also part of a package Personal Financial Planning Kit 28 Documents Included