Letter to the Bank Manager: for a term loan (You have a big business set-up, which consumes huge electricity. You have planned to switch to green energy, and for this purpose, you want to get assistance for rooftop solar panels)
From,
ABC,
CEO, XXX GROUP
Address
Date:
To,
The Branch Manager
Xyz Bank
Address
Subject: Requesting term loan for set up a rooftop solar plant.
Dear sir,
Your bank is our major banking partner for last 15 years. We are truly appreciate you for all of your financial supports toward our company which significantly help us to grow domestically as well as globally.
Our company has been in the computer and mobile chip manufacturing industry from last 13 years and we are constantly growing. But with this growth it is true that we need huge energy to run our machine and equipments. Currently our energy supply is totally depends on fossil fuel based power plants which emits huge carbon dioxide in atmosphere. Which is impacting our environment very badly. That’s why we are going to transfer 50% of our energy supply to solar based green energy. We think of our empty rooftop to setup the solar panel. For this we need 1 crore rupees. But as of the current post-pandamic situation we are facing huge financial shortages but we willing to arrange 50% of the total amount.
May we request your good self and XYZ BANK to help us for the remaining 50 Lack rupees. This will bring substantial relief to our company and also to the environment.
I appreciate you for taking the time to review this loan application letter along with the enclosed financial documents. I look forward to hearing from you at your convenience.
Yours Truly,
ABC,
CEO, XXX GROUP