Nowadays, Junk Food is easily available with low price. Hence, it is most comfort food for those who want their meal on spot. Though consumption of strret food is increasing uncontrollably, The goverment charges more tax on them to reduce its use by making it costly. I totaly agree with this step ta...
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YYou want to start your own small business. Write a letter to a bank requesting information about obtaining a business loan to finance your new company
You want to start your own small business. Write a letter to a bank requesting information about obtaining a business loan to finance your new company 3exrY
Dear Sir or Madam,
I am writing to inquire about the possibility of a business loan from your bank to
finance a startup business I have planned to commence soon. I am hoping you would
provide me with some information and document requirements so that I can apply
for the loan.
I have completed my graduation from the University of Edison and my major was
marketing. Now I am interested to start a coffee shop of my own and need a loan to
support it. I own the location of the shop and have some prior experience of working
at a large coffee shop. A business outlining firm responsible for the business plan has
suggested a capital requirement of $10, 000 for the coffee shop. I can finance 50% of
the fund requirement and need another $5000 as a loan from your bank.
My father would be ready to be a guarantor for the loan and I can repay the loan
amount with interest within 2 years. However, I need three months' grace period
before I start repaying my monthly instalment.
I would really appreciate it if you could send me details of the loan including the
interest rates, monthly instalment amount and so on. Also, forward me the documents
I need to fill in and submit to actually apply for the loan.
Yours faithfull
Dear Sir or Madam,
I am writing to inquire about the possibility of a
business
loan
from your bank to
finance
a startup business
I have planned to commence soon
. I am hoping you would
provide me with some
information and document requirements so
that I can apply
for
the loan.
I have completed my graduation from the University of Edison and my major was
marketing
. Now
I am interested
to start
a coffee shop
of my own
and need
a loan
to
support
it. I own
the location of the shop
and have some
prior experience of working
at
a large coffee shop
. A business
outlining firm responsible for the business
plan has
suggested
a capital requirement of $10, 000 for the coffee shop
. I can finance 50% of
the
fund requirement and need
another $5000 as a loan
from your bank.
My father would be ready to be a guarantor for the loan
and I can repay the loan
amount
with interest within 2 years. However
, I need
three months' grace period
before
I start
repaying my monthly instalment
.
I would really
appreciate it if you could send
me details
of the loan
including the
interest
rates, monthly instalment
amount and so
on. Also
, forward me the documents
I need
to fill in and submit to actually apply for the loan.
Yours faithfull
Do not write below this line
Official use only
CC
5.5
LR
5.0
GR
6.0
TA
5.0
OVERALL BAND SCORE
5.0
IELTS essay You want to start your own small business. Write a letter to a bank requesting information about obtaining a business loan to finance your new company
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business
loan
finance
business
soon
would
some
so
for
marketing
shop
need
loan
to
support
shop
some
working
at
shop
business
business
has
suggested
shop
of
the
need
loan
loan
amount
need
before
instalment
loan
interest
instalment
so
need
faithfull
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