Request-Letter for Loans :
This Request-Letter for Loans should be written in The Letter-Pad of the Company.
The Sender's Name,
Door Number and Street's Name,
Postal Code : XXXXXXX
Phone Number : 0000 - 123456789
E-mail ID : email@example.com
The Company's Name,
Full Address with Phone Number.
Janet and I have made a great deal of progress in our new business but need help from friends and family to bridge the gap until we can get a bank loan.
If you can lend us $20,000 it would make a huge difference to our prospects for success. Our local bank says they will accept a guarantee from you as opposed to an outright loan.
We know this is a huge imposition and are worried about asking. On the other hand, you were the first person we thought of since you have always helped me over rough spots before.
Hopefully you can do this. I have written this instead of asking you in person so I don't put you in an awkward position if you don't want to do it or think it is plain wrong for me to ask.
As ever, your loving nephew,
(The Sender's Signature)
The Sender's Name
NOTE : David has gone on the line and has dealt with the issue of Aunt Jane's personal interest in him, not the prospects for any economic gain. The letter does not divert attention from the main point: David is turning to her and knows it is a favor, notan economic investment.
Tips & Hints :
Elderly female relatives are the best prospects for loaning money in families if you position it properly, as their support given out of love not with the prospect of an economic return. Remember when writing your letters to always have the end in mind, which is particularly important in sensitive situations such as borrowing money within a family.
If writing a male relative, one usually should address the economics, the prospects for repayment, and side step the personal side. This is a far more complex undertakingand therefore less likely to succeed.
How to deal? Be straight forward as with Aunt Jane. Break the mold. Use for the personal touch. You are much more likely to succeed. Your rich Uncle Harold has lots of investment opportunities but he only has one you. Put that forth.
Request-Letter for Loans
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