You can use this Application for Credit Letter to request the credit and start your repayment date when applying for credit.
[Applicant’s Name]
[City, State and Zip Code]
[Mobile Number]
[Email Address]
[Application Date]
[Recipient’s Name]
[Bank’s Name]
[City, State and Zip Code]
Subject: Application for Credit
I am pleased to see that you take a keen interest in our company’s operations, growth and profitability. We have identified a new opportunity and request credit to venture into this promising path.
Our company will need a [Amount] credit for the entire procedure and based on our projections, and we will begin to reap its return after [Period]. After this, we will begin making payments on the credit and expect to be through by [Completion date].
Please find attached a copy of our business plan with all relevant researches into this venture and revenue projections. We request an in-person meeting to finalize this credit application.
Sincerely,
[Sender’s Signature]
[Sender’s Name]
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