Business Loan Application Letter

October 28, 2008

Maricar L. Roxas
Manager
ABC Lending Institution
Masbate City

Dear Ms. Roxas:

I would like to request a small business loan of Php250,000 to improve and renovate my computer shop. I have been in business for the past four years and have shown a profit each year.

My computer shop is successful because my computers are always updated with new software as well as new hardware. It contains 30 computers.
Due to customer demand, I would like to buy Xerox machine and renovate my place. We are also planning to add 2 more computers.

I enclosed my business plan that outlines my financial projection for the next fiver years and clearly states my assets to date.
Please contact me if you have any question at 0921-45812464 or at grace@gmail.com. Thank you for your attention to my loan application.

Yours Very Truly,

Grace Anne D. Sahilan
Applicant