How to write a letter seeking for a loan
Posted on by Ryan Hudson

How to write a letter seeking for a loan -
Also provide current statements for the past 90 days. Roberts" rather than "Dear Sir or Madam". This proposal must be accompanied by a well-written cover letter that briefly summarizes your situation and "sells" the idea of the loan to the recipient. In this case, it is acceptable for your cover letter to include another paragraph or so and take up two pages. The lender needs to know why you need the money in order to decide if the need is reasonable and if the money is going to good use. You will see that I have an excellent credit history and a solid business plan. Small Business Administration U. Lenders generally want to see how you expect your company to perform over the next 5 years. If you have a valid reason for the inconsistency in addresses, this is your chance to clear up any confusion. This letter can be used by students applying for financial aid or a small business or organization seeking a business loan. I look forward to hearing from you. The statements must be under 90 days old.