You want to start your own small business. Write a letter to a bank requesting information about obtaining a business loan to finance your new company. In your letter, include the following information: what kind of business you want to start how much money you need the length of time over which you would expect to repay the money Write at least 150 words. You do NOT need to write any addresses.

Dear Sir, I am Anand Vaishnav staying at Forest Street, Australia. I am writing a letter to get the specific requirements in regards to receiving a business

loan

to invest in my new venture. I am planning to establish a Computer Software and development company. Since, the new organization requires a number of computers, accessories, systems, infrastructure and huge office space, I would have a requirement for a significant amount of

loan

. Our customer is one of the USA's reputed technology vendors who will utilize our application and program to use in their manufacturing chip.

Therefore

, I would have the necessity of $ 50,000 for the initial start-up and pay out the expenses.

Moreover

, I am expecting to meet the regulation clearance certificate by

next

week. So, I will be

applying

Add the preposition

forapplying

show examples

the

loan

by the

next

week along with all statutory documents.

Although

It will be just the beginning of our company,

however

, I am expecting 7% profit growth per year. I am apparently assuming that the total

loan

amount would be paid within 2 years from the date of

loan

commencement. I am looking forward to hearing from you. Yours faithfully, Anand Vaishnav