Business Plan Cover Letter to Bank Template

BUSINESS PlLAN COVER LETTER TO BANK

[Name of Company]
[Company street address], [City]
[State], [Zip Code]

[Date]

[Name of Recipient]
[Title or Position]
[Name of Bank]
[Bank street address], [City]
[State], [Zip Code]

Dear Mr. /Ms. /Mrs. [Last name of recipient], 

I am grateful for having this opportunity to send you [Name of Company]’s business plan as enclosed in herein letter. 

Briefly, [Name of Company] is a company recently formed under a [state type of enterprise] on [date of formation of company]. It primarily produces [state the type of product or service the company is engaged in]. In relation, it has successfully acquired gross sales beyond the expected quota since its date of inception and with the business contracts it has currently signed, it is expected to profit of at least 0.00 [state currency to be used] by the end of the year. 

Due to its consistent successes, the company aims to expand its business resulting to its plans of increasing production by at least 0.00% and to make such plans possible, the company seeks financing in the amount of 0.00 [state currency to be used]. I know that the amount is quite large for a recently formed company but I can assure you that the risk is low considering that there is a huge demand for our products/services in the market these days. Furthermore, to keep you secured for such an investment we will execute a collateral agreement in your favor, as well as, provide the different audited and reviewed financial statements. 

Thank you once again for this opportunity and I look forward to hearing from you soon. If you have questions or clarifications regarding the enclosed business plan or with the other enclosures, please do not hesitate to contact me at [provide contact number] and I will address it accordingly. 

Yours respectfully,

[Signature]
[Name of Proponent]