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Learn how to write a request letter for working capital loan. Use our sample request letter for working capital loan as a template for your request letter.
Sample Request Letter For Working Capital Loan
Your Name
Business Name
Address of Business
City, State, Zip Code
DATE
Receiver’s Name either owner or account’s manager
Vendor’s Company Name
Vendor’s Company Address
City, State, Zip Code
Dear Name of Owner or Account’s Manager:
This letter is a formal request from [Name of Company] to set up a loan for working capital with [Name of Vendor].
Our plumbing repair staff travels all over the city every day to answer emergency plumbing issues, do regular maintenance and repair water and gas problems. We have a fleet of 10 vans that require a full tank of gasoline every day.
We have been purchasing our gasoline from you for the past seven months, and have paid each time.
Since our business is growing, the paperwork for making several daily payments is becoming overwhelming, and we would like to open a working capital loan with your business, so our drivers can get gasoline when they need it without paying. We would prefer to make monthly payments.
I have included a document that clearly shows how our company has grown over the past three years, and how much we project it will grow over the next five years.
If you require any further information, or have a line of credit application form, I would be happy to meet you to discuss our position further.
I can be reached at Phone Number or at Email Address. I hope we can set this up as soon as possible.
Sincerely,
Your Signature
Your Printed Name
List of Enclosures: financial statement
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