Sample Request Release of Specific Equipment from Security Letter

Request Release Of Specific Equipment From Security

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


John Smith

XYZ Bank

1234 First Street

Suite 567

Anycity, Anystate  85245]

Dear [NAME, ex. John Smith],

According to the terms of our credit arrangement with you, we provided you with general security over all of our property, assets and undertaking.

[EXPLAIN REASONS WHY RELEASE IS BEING REQUESTED] ex. As you may be aware, we currently own a large piece of equipment which has become redundant. We wish to replace this with a newer model, however the supplier requires a release of your security before accepting the old equipment]

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


[YOUR NAME, ex. Jill Jones]

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