Sample Letters

Enclosing Budget And Business Plan For Upcoming Year

[DATE, ex. Wednesday, June 11, 1998]

[NAME, BANK AND ADDRESS, ex.

John Smith

XYZ Bank

1234 First Street

Suite 567

Anycity, Anystate  85245]

Dear [NAME, ex. John Smith],

As requested by you, we enclose our budget and business plan for the upcoming fiscal year ending [FISCAL YEAR END OF BUDGET AND BUSINESS PLAN, ex. July 31, 1999]. We trust that these are in order, and we look forward to a favorable renewal of our credit facility.

Please feel free to call me if you have any questions.

Sincerely,

[YOUR NAME, ex. Jill Jones]

Download Enclosing Budget and Business Plan For Upcoming Year In Word Format

Request Bank To Send Term Rates

[DATE, ex. Wednesday, June 11, 1998]

[NAME, COMPANY AND ADDRESS, ex.

John Smith

XYZ Bank

1234 First Street

Suite 567

Anycity, Anystate  85245]

Dear [NAME, ex. John Smith],

We are interested in investing $[AMOUNT] in term deposits or other similar instruments for a duration of [DURATION, ex. nine months].  I kindly request, thus, that you forward your current rates on such instruments to me at:

[ADDRESS, ex.

Attention: Jill Jones

PowerAccount Industries

4312 Third Street

Anycity, Anystate  85245]

Allow me to thank you in advance for your consideration.

Sincerely,

[YOUR NAME, ex. Jill Jones]

Download Request Bank to Send Term Rates In Word Format

From Secured Creditor To Borrower Demanding Payment

[DATE, ex. Wednesday, June 11, 1998]

[NAME, COMPANY AND ADDRESS, ex.

John Smith

XYZ Inc.

1234 First Street

Suite 567

Anycity, Anystate  85245]

Dear [NAME, ex. John Smith],

Notice is hereby given that [BORROWER=S NAME] has defaulted in payment of its indebtedness to us. As of [DATE, ex. June 30, 1998], [BORROWER=S NAME] the indebtedness amounts to [FULL AMOUNT OF DEBT, INCLUSIVE OF PRINCIPAL AND INTEREST, ex. $24,691.88] inclusive of principal advances and accrued interest.

We therefore demand payment in full of of [BORROWER=S NAME] unpaid indebtedness to us in the amount of [FULL AMOUNT OF DEBT, INCLUSIVE OF PRINCIPAL AND INTEREST, ex. $24,691.88] on or before [DATE OF DEADLINE FOR REPAYMENT, ex. November 30, 1998], failing which we will take such action as may be necessary to effect repayment, including realization under any collateral security delivered to the us.

Kindly govern yourself accordingly.

Sincerely,

[YOUR NAME, ex. Jill Jones]

Download From Secured Creditor to Borrower Demanding Payment In Word Format

Request Temporary Increase In Credit Limit

[DATE, ex. Wednesday, June 11, 1998]

[NAME, BANK AND ADDRESS, ex.

John Smith

XYZ Bank

1234 First Street

Suite 567

Anycity, Anystate  85245]

Dear [NAME, ex. John Smith],

We hereby request that you temporarily increase the limit on our credit facility to [REQESTED AMOUNT OF CREDIT LIMIT, ex. $750,000], until [DATE INCREASE REQUIRED UNTIL, ex. September 30, 1998].

[EXPLAIN REASONS FOR TEMPORARY INCREASE, ex. As you are aware, our revenues are seasonal, and although we are now gearing up for our busiest season, we will not realize these revenues until later in the quarter. It is for this reason that we require a temporary increase.

Please feel free to call me if you have any questions or comments or if you require any additional information. We anxiously await your response.

Sincerely,

[YOUR NAME, ex. Jill Jones]

Download Request Temporary Increase In Credit Limit In Word Format

Wire Transfer Instructions

Please include the following information on all wire transfers to our bank account:

Account Name:              [NAME OF ACCOUNT, ex. ABC Corporation]

Account Number:           [ACCOUNT NUMBER, ex. 12345678]

Bank Transit Number:     [BANK TRANSIT NUMBER, ex. 2111]

Bank Name and Address:           [NAME AND ADDRESS OF BANK]

Please contact our account manager immediately, [NAME OF BANK ACCOUNT

MANAGER], at [(XXX) XXX-XXXX] should your encounter any difficulties.

Download Wire Transfer Instructions In Word Format