Request Release Of Personal Guarantee [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], You are currently holding a Guarantee given by our principal, [NAME OF GUARANTOR, ex. Sara Smith] securing the debts and obligations of […]
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Banking Letters
Sample Request Deferral of Interest Payment Letter
Request Deferral of Interest Payment [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 refer to our term loan in the amount of approximately [AMOUNT OF LOAN, ex. $77,000] bearing account no. [ACCOUNT NO. OF […]
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Sample Request Delay in Providing Financial Statement Letter
Request Delay in Providing Financial Statement [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], According to the terms of our credit facility, we are required to provide you with our annual financial statements within 90 […]
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Sample Request Relaxation Of Covenants In Credit Terms Letter
Request Relaxation Of Covenants In Credit Terms [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], According to the terms of our credit arrangement with you, we are required to maintain [STATE COVENANT WHICH YOU EXPECT […]
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Sample Request New Book of Checks Letter
Request New Book of Checks [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], Would you kindly forward to us a new book of checks for our Account No. [CHECKING ACCOUNT NO., ex. 12345678]. Our current […]
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