More and more students aspire to study in foreign countries and it is a main part of their dreams. But some think that studying in hometown is more preferable since they may come across many challengings in other countries. I am in the negative side with this opinion. The first reason for my disagre...
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Candidate Name:
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2
3
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Candidate Number:
2
2
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D1
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Y1
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. In your letter, include the following information.
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. In your letter, include the following information. jQ90M
Respected Sir,
I am writing to you to enquire about the various business loan schemes your bank provides, that can help me setup my business.
I am planning to setup a production factory for portable solar water heaters. These heaters will be installed at the rooftops of houses and will consume natural sunlight to heat up the water, which can be used for cleaning, bathing, cooking etc. The idea behind bringing this product to the market is that these heaters are so energy efficient that it can heat large volumes stored in overhead tanks, in one go, something which bathroom geysers cannot achieve.
While I have already rented a place for setting up the factory, I would need financial help to procure high quality raw materials, some ready made parts as well as advanced machinery for manufacturing the heating rods in house. The estimated cost for the above mentioned would be around INR 10 crores.
Based on our market research so far and customer feedback on the prototype, we already have companies interested in buying our product. So keeping that in mind, I would be able to repay the loan in 5 years.
Kindly provide me with appropriate financing plans that I can consider along with the eligibility requirements, interest rates and monthly installments for each of them.
Hope to hear back soon. Regards, Tanu
Respected Sir,
I am writing to you to
enquire
about the various business loan schemes your bank provides, that can help
me setup
my business.
I am planning to setup
a production factory for portable solar water heaters. These heaters will be installed
at the rooftops of houses
and will consume natural sunlight to heat up the water, which can be used
for cleaning, bathing, cooking etc. The idea
behind bringing this product to the market is that these heaters are so
energy efficient that it can heat large volumes stored in overhead tanks, in one go, something which bathroom geysers cannot achieve.
While I have already rented a place for setting up the factory, I would need financial help
to procure high quality raw materials, some
ready made
parts as well
as advanced machinery for manufacturing the heating rods in house
. The estimated cost for the above mentioned would be around INR 10 crores.
Based on our market research so
far and customer feedback on the prototype, we already have companies
interested in buying our product. So
keeping that in mind, I would be able to repay the loan in 5 years.
Kindly provide me with appropriate financing plans that I can consider along with the eligibility requirements, interest rates and monthly installments for each of them.
Hope to hear back soon
. Regards, Tanu
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IELTS letter 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. In your letter, include the following information.
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enquire
setup
to setup
so
some
ready made
so
So
soon
Tanu
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