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Helena Posted 22 years ago
Letter Writing

SOS

I am in Hungary and I need help how to write letter to the local bank for loan to start up business, but I dont know how to start and build it up..Emotion: sad
I have to consider the following points in my letter:

-outline my plans produce blueprint -type of activity,target market,sources of finance, short and long terms etc.

-demonstrate that there is demand for my idea

-justify my own credentials for enterprise

-outline my main financial needs (provide a breakdown of what i have already and what i would like the bank to supply)

-finally request a meeting to discuss these matters personally with the bank manager

please help me! It's surgent!
  

Top answer

Hi helena, here is the format i would suggest: FROM your name and address TO The Manager, Bank name, address of the bank Sir, Sub: Loan for starting a new business - Reg. I am Helena, residing in (name of ur area and city). I am planning to start a new internet centre in my area (Imagine u r setting up a new internet centre in ur town).

  • Hi helena, here is the format i would suggest: FROM your name and address TO The Manager, Bank name, address of the bank Sir, Sub: Loan for starting a new business - Reg.
  • I am Helena, residing in (name of ur area and city).
  • I am planning to start a new internet centre in my area (Imagine u r setting up a new internet centre in ur town).
  • I have come to know that your bank encourages people like me by offering loans at affordable rates.
  • I am quite experienced in the field of computers holding a bachelor's degree in it.
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2 Answers
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Hi helena,
here is the format i would suggest:

FROM
your name and address

TO
The Manager,
Bank name,
address of the bank

Sir,
Sub: Loan for starting a new business - Reg.

I am Helena, residing in (name of ur area and city). I am planning to start
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Dear yskh81,

i am really greatful for your help Emotion: surprise)

thank you :*

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