Small Business Loan Application Examples

Want to write a loan application for a small business? We will be giving you sample loan application templates to apply for small business loans through commercial banks, SME Banks, Islamic Banks, and other renowned types of Islamic banks.

You can apply for a commercial and small business loan with the below-provided applications. Many banks and mobile apps offer quick business loans on digital verification and quick approvals.

You can explore small business loans with the local banks and microfinance banks to get your required business loan easily.

Application for Small Business Loan for New Setup

Business Manager
Bank Name,
City

Subject: Small Business Loan Application

Dear Sir/Madam,

I want to apply for a small business loan for my new setup of “mention the business name” for “type of business or category.” For a complete setup, I will need a loan of $8500/- for one year. I will provide all the documents required to process my request, and I will appreciate for quick processing of my application.

I am a resident of “mention the address,” and my social security card copy is attached. Looking for your feedback.

Sincerely Yours,

Your Name
Designation
Business Name, Address,
Registration

Application for Small Business Loan for New Branch or Extension, Franchise, Display Center, etc

Manager Business Finance
Bank Name,
City

Subject: Small Business Loan for New Branch

Dear Sir/Madam,

I hope you are doing well. I am the owner of “business name” and we are running our business with good turnover. I am writing to apply for a business loan to extend my business set up by adding one more branch at “area name”. We have funds, but that is not enough for completing and operating the new branch because that will cost us $20,000/-.

For this reason, I want to apply for a small business loan of $13,000/- for two years, and we will be using it for purchasing equipment, furniture, and renovation work. The income of this new branch will be enough to pay back the loan.

I will be grateful for your support and urgent payment of the required loan amount.

Sincerely Yours,

Your Name
Designation,
Business Name,
Address, Registration

Application to Bank for Small Business Loan When You are Short on Money

Loan to purchase material to complete an order

The Manager of Consumer Finance
Bank Name, Branch/Office,
City

Subject: Loan Application for Material Purchase

Dear Sir/Madam,

I want to apply for a short-term small business loan amount of $100,000/-. I am the owner of “business name” and recently we have a granted an electricity tender in a government housing project. For which we need funds to purchase “material name, cables” worth $500,000 initially.

I request you to grant a business loan of $100,000 for one year. I will provide all the required documents needed to process my request. I will be grateful for your quick action.

Sincerely Yours,

Your Name,
Designation,
Company Name,
Address
Registered As ____ with Registration Number: _____

Loan Application to Microfinance Bank for Operational Expenses and Cost

The Finance Manager,
Bank Name, Branch,
City

Subject: Loan Application for Small Business

Dear Sir/Madam,

I am writing for a loan of $23000/- for one year. I just completed our new production plant of (plastic products or other) and now running out of cash for operational and material expenses. A small loan will help us to make the plant operational asap, and we already have some orders in queue.

I request the approval of a $23000/- business loan. I will be at your complete disposal to provide all the documents you need to process our request. I will be looking for your kind cooperation.

Sincerely Yours,

Your Name
Designation
Company Name
Address
Registered As _______ with Registration Number: ______

Application for Small Business Loan for Vehicle to Bank

The Finance Manager,
Bank Name, Branch,
City

Subject: Loan Application for Vehicle Purchase

Dear Sir/Madam,

I want to request a vehicle purchase loan for our factory. Our factory immediately needs a supply vehicle for factory product deliveries. Our manager recommended purchasing any loading vehicle with a cabin size of 9 by 14 or nearby and a 10-ton minimum loading capacity.

The Hyundai “model name” is the best fit for our requirements and budget, which may cost “price of vehicle”.

You are kindly requested to support our purchase with a loan amount ($amount). I will provide all the documents required for the vehicle purchase. I will be grateful for your quick cooperation.

Sincerely Yours,

Your Name

Application for Small Business Loan for Renovation

The Finance Manager,
Bank Name, Branch,
City

Subject: Loan Application for Renovation Work

Dear Sir/Madam,

I want to apply for a small business loan for renovation work at our factory and outlet. For the whole work, I need $20,000/- for two years.

You are kindly requested to process our request for the approval of the required loan immediately. I will provide all the documentation that you may require for final approval. I will be grateful for your cooperation.

Sincerely Yours,

Your Name

Application for Small Business Loan for New Equipment

In this letter, you can ask for a loan for equipment, machinery, tools, and related products purchased for workshops, clinics, hospitals, companies, factories, etc.

The Finance Manager,
Bank Name, Branch,
City,

Subject: Loan Application for Equipment/Machinery Purchase

Dear Sir/Madam,

I want to apply for a small business loan to purchase “machine/equipment name” for our factory. For this purchase, our company needs a loan of $20,000/- for three years.

You are kindly requested to process our request for the approval of the required loan immediately. I will provide all the documentation that you may require for final approval. I will be grateful for your cooperation.

Sincerely Yours,

Your Name

Application for Small Business Loan for Power Backup

The Finance Manager,
Bank Name, Branch,
City,

Subject: Loan Application for Solar System/Generator

Dear Sir/Madam,

I want to apply for a small business loan to purchase a power backup/generator/solar system of 2000kv for our factory. For this purchase, our business needs a loan of $22,000/- for three years.

You are kindly requested to process our request for the approval of the required loan immediately. I will provide all the documentation that you may require for final approval. I will be grateful for your cooperation.

Sincerely Yours,

Your Name

installation of the solar system

purchasing backup

Examples of Application to bank for small business loan

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