New Business Letter

From,

Mr Patel,

C-12, baker’s lane,

Worcestershire

To,

Bank manager,

ICUC bank,

Worcestershire

Dear sir/ madam,

This letter has surfaced to put forward an application for loan to ICUC Bank. This loan is required for the purpose of raising finds to start a new business. The details regarding the current business activities which I deal in and my income have been incorporated in the documents enclosed along with this letter. The loan from the bank shall be a boost for the new venture which I have planned. The details regarding this new venture have also been enclosed along with this letter.

I am hopeful that the bank will accept and approve my application and I shall be granted the loan amount in the least feasible time required. I would be more than willing to provide further information and fulfil any required formality for securing the loan. I am hopeful for a quick and favourable response from your side so that further formalities can be successfully completed.

Yours sincerely,

Mr Patel

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