New Business Loan Request Letter To Bank Manager

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NEW BUSINESS LOAN REQUEST LETTER TO BANK MANAGER

[DATE]

Dear [RECIPIENT NAME],

I am writing to request a small business loan in the amount of [NUMBER] for the purpose of [PURPOSE]. My business, [YOUR COMPANY NAME], is a well-established company that has experienced consistent growth over the past [NUMBER 1] years.

We began operating in [YEAR] and we have been experiencing consistent success in terms of annual revenue and profit. Last year, we achieved [NUMBER 2] in annual sales and [NUMBER 3] in net profit. Furthermore, we maintain a consistent cash flow in the [NUMBER 4] years of our operation.

[DETAIL]

Despite our business success, our current cash flow cannot accommodate the full amount that the growth opportunity for our company requires. This loan will enable us to purchase [DETAIL 1] immediately so that we can begin to generate business to be able to repay the loan as soon as possible.

Enclosed are our business plan, recent cash flow statement, and annual profit and loss statement for your perusal. You may contact me anytime at [YOUR PHONE NUMBER] if you have any questions or concerns.

Regards,

[YOUR SIGNATURE]

[YOUR NAME]