Sample Application for Commercial Loan for Business Purpose
[Below briefly focus on sample Application for Commercial Loan for Business Purpose, ex. like, office building, Poultry Business, farming extension etc. You need to modify this sample according to your needs.]
Date…
Bank/Branch Manager,
Bank name…
Branch Address…
Sub: Application for Commercial Loan for office building extension
Respected Manager,
This is (Your name), I have many accounts in your branch and now want to seek one help from you people and want to get information regarding loans. (Describe in your own words…). I am interested in making my own office building for which I need to take a loan from your organization. (Explain actual cause and situation in your own words). I have made so many customers for your bank and now hope that you will grant me the desired loan.
Hope that you respond me back as soon as possible.
Your Sincerely,
Your name…
Office Address…
Contact information…
Another format,
Date…
Bank/Branch Manager,
Bank name…
Branch Address…
Sub: Application for Small Loan for Farming Business
Dear Sir,
As discussed, the previous Email, with you followed by a meeting with one of your team member, I have decided to apply for a loan from your bank to support my existing farming business.
Kindly note that I’ve been in the same industry for a decade and leading a well-reputed farm in the market. So I would expect a considerable flexibility in the repayment of the loaned amount. (Describe in your own words…).
Initially, I would like to apply for (Amount of money) with the interest rate of (Interest rate) annum.
I have attached all the relevant documents with my application and would be expecting to hear from you at the soonest because this amount is to be used to purchase livestock where the current prices are quite attractive so the delay may not allow me to get the benefit from the lowest rates. (Explain actual cause and situation in your own words).
Please do let me know if you any need any other document to expedite the process.
Thanks.
Best Regards,
Your name…
Office Address…
Contact information…
