Loan Application letter, Sample & Format

Loan Application letterA loan application letter is submitted by an individual or a company that requires financial assistance. The letter states the reason for the loan required and the loan amount. A loan application letter is usually submitted to the financial agency or institution like a bank which would consider the viability of loan to the applicant.

From:

Janice Kelly

2100 Honey Street
Maple Falls, WA 97336

February 8, 2011

To:

Top Loan Financing Services

453 Dandy Drive
Mauston, WI 50008

Dear Sir

Re: Loan Application

I am writing in response to your agency’s advertisement for loans. I would like to make a loan application of $12,000 to kick start my bakery business.

At the moment, I am working from home and have gained quite a number of regular clients, who have frequently requested for an outlet that would make it more convenient for their orders of my delicious bakes. Hence, having identified a suitable and moderately priced location on Southern and Fist streets, I have computed an estimated amount of $10,000 for the renovations and a year rental.

I have my cash flow to cater to the machinery and ingredients that can sustain the store for nine months. I enclose my business proposal for your kind perusal and advice.

I hope to hear from you soon with regards to my loan application.

Thank you.

Yours Sincerely,

Janice Kelly

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