Requesting for Loan from Bank by Builder

Sample progress payment request letter. Progress payments in construction. Final loan payment to builder

Request for Construction Loan

The Manager,
ABC Bank.

Dear Sir,

I hope this letter finds you in the best of health and spirits. I am the Chief finance officer of XYZ Builders. We are currently completing many construction projects at the same time due to which we are facing liquidity problems. To sort them out, we have decided to take a loan and after surveying the market we have decided to contact you to extend your support in funding our projects. We require a sum of Rs. 5 million from your bank. We are highly confident that we will be able to repay it upon the completion of our projects which is estimated to be 6 months.

Do let us know about your consent so that we may negotiate further.

Thank you.
Regards:

Mr. A
Chief Finance Officer.
XYZ Builders.

Requesting for Loan from Bank

Dear bank manager,

I am writing to you because I would like to apply for a bank loan. I am a builder and I have just started up my own building company. I would like to get money so that I can upgrade my current equipment and some new tools and can get the job done more efficiently. I have always paid back all of my loans or payments installments on time without missing any one payment. I have a good job that pays well whenever I can get a good building contract. I look forward to hearing back from you.

Kind regards,

Mr. Henry Solomon

Related Examples

Advertisements

Leave a Reply

Your email address will not be published. Required fields are marked *