Sample Application for Small Loan for Poultry Business

Sample Application for Small Loan for Poultry Business

[Here briefly focus on Sample application letter to bank manager for getting a small loan for Poultry Business or related business. You should show a proper business plan.  You can modify this format as your requirement.]

Date…

The Manager,

Bank Name/Financial Services,

Institute Address…

Sub: Application for Small Loan for Poultry Business

Dear Sir,

As discussed, over the phone with you followed by a meeting with one of your team member, I have decided to apply for a loan from your company to support my existing poultry business. Kindly note that I’ve been in the same industry since a decade and leading a well-reputed company in the market. So I would expect a considerable flexibility in the repayment of the loaned amount.

Initially, I would like to apply for (Amount of money) with the interest rate of (Interest rate) annum.

I have attached all the relevant documents with my application and would be expecting to hear from you at the soonest because this amount is to be used to purchase livestock where the current prices are quite attractive so the delay may not allow me to get the benefit from the lowest rates.

Please do let me know if you any need any other document to expedite the process.

Thanks.

Best Regards,

Name…

Contact no. and signature…

 

Another format,

Date…

The Branch Manager,

Bank Name/Financial Services,

Institute Address…

Sub: Application for Small Loan for Poultry Business

Dear (name),

Exactly one year ago I began a small Poultry Business out of my own home (Area address/city name). Over the last year, my business has grown significantly to the point where I now need to expand.

I am writing this letter to ask for a loan so that I can expand my Poultry Business. I have many repeat customers and my client base is growing rapidly as word about my business spreads throughout the community. Therefore I am requesting (Amount of money). This money along with the money I already have saved up myself will allow me to lease a modest storefront and to purchase all the paperwork supplies and equipment I need to launch the new space.

I have attached my business plan as well as all of the paperwork needed to apply for this loan. You will see that I have an excellent credit history and a solid business plan. If you have any further questions please do not hesitate to contact me.

Sincerely,

Name…

Contact no. and signature…