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...
Check your IELTS writing task 1 and essay, this is a free correction and evaluation service.
Check IELTS Writing it's free
IELTS Writing Answer Sheet
Candidate Name:
1741731536
Center Number:
1
2
3
4
Candidate Number:
2
2
3
3
5
Module (shade one box):
Academic:
General Training:
Test Date:
3
D1
D1
M2
M2
Y0
Y2
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
Do not write below this line
Official use only
CC
6.5
LR
5.5
GR
6.5
TA
5.0
OVERALL BAND SCORE
6.0
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.
👍 High Quality Evaluation | Correction made by newly developed AI |
✅ Check your Writing | Paste/write text, get result |
⭐ Writing Ideas | Free for everyone |
⚡ Comprehensive report | Analysis of your text |
⌛ Instant feedback | Get report in less than a second |
enquire
setup
to setup
so
some
ready made
so
So
soon
Tanu
Copy promo code:kJgKR
CopyRecent posts
- Studying abroad can be highly motivational for students and also inspire their dreams. However, whilst studying abroad can have a number of positive effects on students, there are also many difficulties that they may meet along the way. With this in mind, it is more advantageous to study at home. with this statement?
- Most countries allow 18 years old to start driving a car. Some say it is good to allow it at this age, while others think that the age to start driving should at least 25 years old.One of the most discussed topic currently is the legal age of driving a car. Some people of the opinion that age limit should be increased to 25 years on the safe side while believe that people should start driving a car at the age of 18 years. In this essay, the reasons on both side of arguments wi...
- Some people think that e-books are the death of paper books while others think that paper books will never disappear.Some people think that e-books are the death of paper books while others think that paper books will never disappear. Discuss both sides and give your opinion. It is considered by many that e-books are more popularly used compared to printed books, but some believe that printed books will still be ...
- Some people say that advertising encourages us to buy things we really do not need. Others say that advertisements tell us about new products that may improve our lives. Which viewpoint do you agree with? Use specific reasons and examples to support your answer.I think that everyone can divide all advertising products and services into useless ones and useful ones. It is like looking through an information desk when you pay attention to those messages that interest you. Take me for example. I do not like jewelry. It does not mean I do not have it at all, ...
- TRIBALS AND WOMEN SECURITYThis may kindly be reckoned as reciprocation, though belated, to the letter dated from your good self impressing upon the dire need of safeguarding our beloved sisters. I bow my head before you in full veneration more to your fatherly stature as you embody yourself against the cruelties meted out to...
- Many countries raise fuel prices to deal successfully with problems of traffic and pollution What effect do you think this move can have? What other measures do you think can be taken to reduce traffic and pollution.Traffic is one of the greatest problem across the world and many countries making efforts to get deal with it but somehow, they cannot over come with this problem. Most of countries raise the price of fuel to solve the traffic problem and pollution but this solution is imperfect for all the scenario...
- Some people think that economic progress is the only way to measure a country's success, while other think that there are other factors, which can be used to measure country's success. What are these factors? And among them, which one is important than others. aEconomic growth is considered as a sole parameter to determine the success of nation by a number of people. Other advocates believe that there are umpteen other factors to calculate country's prosperity. This essay will elaborate the factors and the best reason among them in the following paragraphs...
- Some people say that economic growth is the only way to end hunger and poverty, while others say that economic growth is damaging the environment so it should be stopped.As the world has been dramatically transformed with innovative production methods, economic efficiency has been boosted tremendously, bringing along various advantages and drawbacks in terms of leveling up human’s living conditions and standards as well as posing threat to sustainable issues. The qu...
- The pie charts below show the percentage of housing owned and rented in the UK in 1991 and 2007.The two given pie charts illustrate the information about the proportion of houseowner and renting in the UK Between 1991 and 2007. The data is given in percentageOn the contrary, in 2007, the number of homeowners had upsurged to 70% or almost three-quarters of all homes. Most of the increase in hom...
- Personal happiness and its paramatersIn achieving personal happiness, our relationships with family, friends, and colleagues are more important than work and wealth. Do you agree or disagree with this? The increasing pressures of today’s money-driven world can often cause people to gravitate towards material items. However, true perso...
- The chart below shows the number of men and women (in thousand) in further education in Britain in three periods and whether they were studying full-time or part-time.The vertical bar graph illustrates information about the men and women who participated in further education for three periods in the United Kingdom and demonstrates that they were studying full-time or part-time. Overall, it is readily apparent that in terms of men, the higher rate was observed in...
- The amount of sport shown on television every week has increased significantly and this is having an impact on live sports events. Do you think the benefits of having more televised sport are greater than the disadvantages?Nowadays, in the majority of countries, a wide variety of sports programs are shown on television which have significant consequences on live sports contests. There are both advantages and disadvantages to this issue. There are definite benefits to broadcasting more sports programs on television. T...
Get more results for topic:
- 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.