Loan Application Letter Sample: 4 Templates

You require a loan and you should apply for a loan in a particular loan company where you can mention the details accordingly. You will be approaching the loan institution with proper details accordingly. You can use these sample letters to write down the letter to any loaner.

You can inform me about your current financial status and whether you are working or studying anywhere. Accordingly, the loan institution will process the application of loan and act accordingly. 

Letter Template: 1

Loan Application Letter

Few years ago, I had worked in [ company name ] as a [ position] and then I had started a small business related [ type of product].

I have running this business related to [ product type ] an d I would like to let you know that I will be surely making further returns this year and due to this, I am intending to expand the business.

It is indeed necessary to ask for the loan as I want to build the business further and I am sure that I will be successfully running this business.,

Currently, I am making a profit of $ [ amount every month and my yearly income is $ [ amount ].

The business that I am running right now, I have more than [ number ] employees. 

The responsibilities handled by them are highlighted as follows:

[ mention duties and responsibilities ].

I am planning to expand in other locations because I have strong network in that area and the demand for the product is quite high. I have many old customers. I do know that I will be able to great in the business. I want to gain more clients and therefore I am requesting for a loan of $ [ amount ] from your loan company.

As I understand that your loan company’s name is [ loan company name] and so I am requesting for a loan of $ [ amount]  from your respective company. it is an urgent requirement and I will be starting the work immediately on expansion. I am furnishing the details of the bank where in you can transfer the amount.

The name of the bank is ……………………………

Bank account number ……………………………

I have attached the passbook details wherein you will find all the necessary details related to transactions. 

Please call me to further details regarding the loan application through [ email id [  or [ contact number].

Thanking You,

Yours Sincerely,

[ name of person]

[ date]

Loan Application Letter

Letter Template: 2

Loan Application Letter

Dear Sir/Madam, 

Its over a year ago, I had started a business related to [product name] under the banner name of [banner name].

My business has been growing amazingly well and I am indeed looking for expansion. I am really confident that with expansion of my business, I will be able to gain more prosperity and attention. I am writing this letter to request for a loan and it is $[amount]. 

I would require it as early as possible. I am furnishing the necessary details for loan application. I am sending the information related to loan application to you and kindly do let me know when you will be processing the loan application.

As a matter of fact, I want to grow the business in the area of [area name] as there is a demand for the product that the employees of the company contribute in manufacturing.   I have several customers in the list and I would like have more clients.

Please let me know further how you are going to process the loan application. I am sending you the bank details so that you can help in processing the loan. The name of the bank is …………………………. And also the bank account number …………………………………….

If you process the loan application immediately, then it would be easier for me to make the necessary purchase and also do the required paperwork. 

I would also like to remind you about the fact that I had also applied for the loan in the past and that is for setting up the new business and that too an year ago. It had proved to be really helpful.

The business plan has been attached by me and I do think that it will help you in understanding to process the loan. 

Please let me know further by sending me the details about processing the loan application.

Kindly send me the details through [ email id ] or [ contact number].

Thanking You,

Yours Sincerely,

[ name of person]

[ date]

Loan Application Letter

Letter Template: 3

Loan Application Letter

Dear Sir/Madam, 

Quite recently, I have opened a business of my own at [property address]. The name of the business that I have opened is [name of business].

Now, it’s over a period of [number] months and I had made an amazing progress in the business and I have earned around in this half yearly period of $[amount].  In fact, I have been earning every month around $ [amount] and I would like you to process the application for loan as quick as possible.

As the profit of the current business is growing in an amazing way, I would be requiring the amount immediately.

Please let me know when you will be processing the loan application.

I will be starting my work once loan amount of $[amount] reaches my account. 

The bank account number is ………………………….

The name of the bank is…………………………………..

I have attached the documents related to the registration of the business I am running as a sole proprietor and also would like to expand in [specific market area] in the city of [ name city] in the current state of { state name] of US. 

I  will making the purchases immediately in concern with the expansion and along with paperwork activities. So, I would be grateful if you quickly process the loan application.

I would like to inform you also that I had a conversation with the customer service department of  your loan institution. They had sent a form where I had mentioned all ,the necessary details for loan requirement.

I have an excellent business plan and I have done the paperwork accordingly. I would like to let you know that I do have a very good credit history. I have always paid the loan on time.

I would be grateful if you process the loan application soon.

Thanking You,

Yours Sincerely,

[ your name]

[ date]

Loan Application Letter

Letter Template: 4

Loan Application Letter

Dear Sir/Madam, 

I would like to let you know that I would require a loan amount of $[amount] to manage the business and also expand the business network.

I had started dealing in [name of product] and that is [time span] years ago. Before that I was working in the position of [position] in [company name] and it had been for a period of [time span] years.

As a matter of fact, I would be significantly expanding the business and it will be happening within a short period of time. 

I will be operating the business in the area of [market area] in the city of [city name] in the state of {state name] of US.

People in the area of [ market area ] in the city of [ city name] in the state of [ state name ] of US. I have already repeat customers in the business and I would like to have more clients in the business and so I would like to expand the business.

I can justify with the documents to apply for the loan application. I have the necessary paperwork and other bank account details.

You can transfer the amount of $[ amount ] in to my bank account and it is [ bank account number]. The name of the bank is………………………….

I am earning an amount of $[ amount ] every month and  the yearly profit have been around $[ amount]. 

I would be requiring the loan amount of $[ amount ] on an immediate basis. I have to make necessary purchases and also do related paperwork.

I would also look for a space on a lease basis.

Moreover, I would like to inform you that I had an excellent credit history.

I have never been defaulter. 

You can call me anytime on [ contact number ] or at [ email id] for further information.

Thanking You,

Yours Sincerely,

[ name of person]

[ date]

Loan Application Letter

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