Short Loan Rejection Letter

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Short Loan Rejection Letter

[Name of Bank]
[Street Address]
[City, State, Zip Code]
[Contact Information]

[DATE]

[Name of Client]
[Street Address]
[City, State, Zip Code]

RE: SHORT-TERM LOAN APPLICATION

Dear [Name of Client],

Thank you for applying for a short-term loan in our branch. Unfortunately, after careful review of your application, we must decline your request of [insert the amount loan your client requested].

We have concluded that your current financial situation precludes this institution from extending further credit to you at this time. When your financial picture changes and your current level of risk-exposure becomes lower, we would be happy to reconsider your application.

On behalf of [insert name of bank] I thank you for your ongoing business and trust that we will continue to serve you in the future.

If you have any questions about the details of your loan application review, please feel free to contact me at [insert phone number] or email me at [insert email address].

Yours sincerely,

[Your signature]
[Your Name]
[Your Position or Title]
[Name of Bank]