Loan Request from Bank by Construction or Builders Company

Sample Loan Request from Bank by Construction or Builders Company

[These are sample Loan Request from Bank by Construction or Builders Company. You can also follow these sample as progress payment request letter or Progress payments in construction. You can make changes as per your requirements.]

Date…

Branch Manager,

Bank/Financial Institute name…

Address…

Sub: Request for Construction Loan

Dear Sir,

I hope this letter finds you in the best of health and spirits. I am the Chief financial officer (Job Designation) of (Builders/ Construction company name). We are currently completing many construction projects at the same time due to which we are facing liquidity problems. (Explain actual problem and situation in your own words). To sort them out, we have decided to take a loan and after surveying the market we have decided to contact you to extend your support in funding our projects. We require a sum of (Money amount) from your bank.

We are highly confident that we will be able to repay it upon the completion of our projects which is estimated to be /6/10 months (More/less). (Describe your requirements). Do let us know about your consent so that we may negotiate further.

Thank you.

Your name…

Chief Finance Officer (Job Designation)

Builders/ Construction company name…

 

Another format,

Date…

Branch Manager,

Bank/Financial Institute name…

Address…

Sub: Request for Construction Loan

Dear Bank Manager,

I am writing to you because I would like to apply for a bank loan. I am a builder and I have just started up my own building company. I would like to get money so that I can upgrade my current equipment and some new tools and can get the job done more efficiently. (Explain actual problem and situation in your own words). I have always paid back all of my loans or payments installments on time without missing any one payment.

I have a good job that pays well whenever I can get a good building contract. (Describe your requirements). I look forward to hearing back from you.

Kind regards,

Your name…

(Job Designation),

Builders/ Construction company name…