Sample application letter to bank manager for getting business loan to start your business, extend your business, new business unit, new shop, purchase of shop, loan for purchase of property, raw material etc. Application Funds from any financial institution to support my poultry business.
Kind Attn: Dear Honorable Bank Manager,
Subject: Loan Application
Have nice day, Hope you are well, and doing good.
Sir, as we want to initiate the business of Textile, and I need some funds to establish this business. We have 15 years’ experience in textile, and have well understanding for this business. We have just shortage of finance that’s why unable to run this business.
So, it is requested to you to grant me some loan from your bank. So that we can start the business with laon. We will pay this loan as per your required policies.
Hope you will coordinate, and help in this regards
Thanks, and Best Regards
M. Asif
The Branch Manager,
Standard Bank, Mumbai.
Subject: Letter for Business Loan
I am indeed pleased to mention here that your bank, and I have a strong relation for past twenty years, being an account holder in this bank. When I started my first job, I paid the visit of your branch, and got the account opened. Since then, I am making all transactions, and other works from this branch of Standard Bank.
Now, it is to inform you that I have left the job, and intend to start my own business in shape of a garments shop. In order to run this new business of garments, I need loan of 1 million rupees at least.
In this regard, if possible then direct your agent to visit the place/ shop which I am going to hire, and brief me the terms, and conditions of the loan, and also apprise me of all mandatory documents to provide.
I look forward to hear from you.
With regards,
Sunil Shanty
To
The Manager,
XYZ bank.
Respected Manager,
This is Aysha Yasir, I have many account in your branch, and now want to seek one help from you people, and want to get information regarding loans. I am interested in making my own office building for which I need to take loan from your organization. I have made so many customers for your bank, and now hope that you will grant me the desired loan.
Hope that you respond me back as soon as possible.
Your Sincerely,
Aysha Yasir
To,
The Manager,
Sahara Financial Services,
Bank Road,
Sharjah.
Dear Sir,
As discussed, over the phone with you followed by a meeting with one of your team member, I have decided to apply for a loan from your company to support my existing poultry business.
Kindly note that I’ve been in the same industry since a decade, and leading a well reputed company in the market. So I would expect a considerable flexibility in the repayment of the loaned amount.
Initially I would like to apply for AED 150,000/- with the interest rate of 4.50/annum.
I have attached all the relevant documents with my application, and would be expecting to hear from you at the soonest because this amount is to be used to purchase livestock where the current prices are quite attractive so the delay may not allow me to get the benefit from the lowest rates.
Please do let me know if you any need any other document to expedite the process.
Thanks.
Best Regards,
Sultan Shaikh
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