Sample - Business Loan Request Letter
Applicant’s
Name
Applicant’s Address
City, State, Zip
Code
DATE
Lender’s Name
Lender’s
Address
Re: Business loan request for $5,000,000.00
Dear Lender’s Name,
Attn: Commercial Loan
Department
Johnson Construction is a very
successful company that is well established in the
construction industry. We began operation in June of
2013, as a small construction company that helped
local business and homeowners with their renovation
needs. We have a website that sells our services and
also have many channels through which we gain new
business.
Last year, our annual sales amount was
$2,894,892. The first year of business, we brought
home a profitable $978,000. We have maintained a
steady balance over the past 14 years, due to the fact
that we have provided our customers with a service
they need. Our business, and ones of its nature, are
in high demand.
Due to the large customer demand
from our central division, we have decided to open a
second branch. The loan we are requesting is for the
opening of this second division. Startup costs can be
excessive, and while the other business is profitable,
we still find ourselves in need.
We anticipate
strong sales for our new division in Waverly, Ohio. In
fact, after doing much outreach to this area, we have
seen that the need in this region is great. We have
immediate opportunities available that will allow us
to capitalize this untapped market. However, we cannot
transport our equipment from our New Albany location
on a daily basis.
The loan of $5,000,000 will
give us the ability to buy the equipment we need. I
have attached the contracts we have in the Waverly
area, all pending we have the equipment ready and can
do the job. It makes sense to have both location
running, and we can ensure that the new business will
be a success.
Please take a moment and review
this request letter. If you feel that you can help our
company in our latest endeavor, we would love to hear
from you.
Sincerely,
Sign and Stamp
Isaac Brown
Johnson