Personal Loan Proposal Format
Borrower's Information
1. Loan Amount Requested
Amount: $[Amount]
2. Purpose of the Loan
Reason for Loan: [State the specific reason(s) you need the loan. For example: home renovation, medical expenses, education, debt consolidation, etc.]
3. Loan Terms
Interest Rate: [Interest Rate]%
Loan Term: [Loan Duration: Months/Years]
Repayment Frequency: [Monthly, Quarterly, etc.]
Collateral: [Specify any collateral provided, if applicable.]
4. Borrower’s Financial Information
Current Employment Status: [Full-time, Part-time, Self-employed, etc.]
Annual Income: $[Annual Income]
Other Sources of Income: [Mention any other sources of income, if applicable.]
Existing Financial Obligations: [List any other debts or financial commitments.]
5. Repayment Plan
Plan for Repayment: [Explain how you plan to repay the loan—e.g., from salary, savings, or other investments.]
Supporting Documents
Documents Attached: [List of supporting documents you include, such as proof of income, identification, bank statements, etc.]
Additional Information
Additional Notes: [Include any other relevant information that may support your application.]
Proposal Templates @ Template.net
