Loan Request Letter

Cora Sanders

2951 Heron Way

Portland, OR 97205

[email protected]

222 555 7777

December 1, 2050

Joanna Fowler

Loan Officer

Portland United Bank

3023 Kincheloe Rd.

Portland, OR 97232

Respected Madam,

I am writing to submit a loan request to Portland United Bank for my upcoming business venture.

Portland United Bank has been highly recommended by my business advisor for providing excellent financial services and supporting local businesses. I firmly believe that your bank can help me achieve my goals and contribute positively to the community.

I am seeking a loan of $100,000 to fund the initial stages of my business. The funds will be utilized for purchasing equipment, securing office space, and hiring essential personnel. This loan will play a crucial role in launching my business successfully and ensuring its long-term growth and profitability.

With my extensive experience in the industry and a comprehensive business plan in place, I am confident in the success of my venture. My business plan outlines the competitive advantages, target market, and financial projections, demonstrating the potential for substantial returns on investment.

Here are the compelling value propositions for Portland United Bank:

Competitive interest rates tailored to meet my needs
Flexible loan repayment options
Quick and efficient loan processing
Expert guidance and support from dedicated loan officers like yourself

I, therefore, kindly request you to consider my loan application favorably. If there are any additional documents or information required, please do not hesitate to let me know. I am more than willing to provide any necessary documentation to facilitate the loan approval process.

I appreciate your time and thoughtful review. I eagerly anticipate the chance to delve deeper into my loan application and furnish any necessary supplementary details. You can get in touch with me using the contact information provided above.

Yours sincerely,

Cora Sanders