How Do You Write A Letter Requesting Withdrawing A Loan?
Requesting the withdrawal of funds for a loan is a matter that must be approached with care, whether you are appealing to a bank, a group of lenders or an individual. If you must request a loan for your business, you will need to prepare a business proposal, complete with a marketing plan and a description of collateral. This proposal must be accompanied by a well-written cover letter that briefly summarizes your situation and “sells” the idea of the loan to the recipient. Greet the recipient by name rather than using a generic salutation (i.e., “Dear Mr. Roberts” rather than “Dear Sir or Madam”). Write the introductory paragraph, which should explain why you are writing. Get to the subject right away; indicate that you are contacting the recipient to request a loan, and explain in one to two sentences who or what the loan is for and why it is needed. Write the body of the cover letter. Because this accompanies your proposal, it is ideal to keep your cover letter to one page; therefore
