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: 1) what kind of business you want to start 2) how much money you need 3)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 hope
this
letter finds you well. I am writing this
letter in context to avail a business loan from your bank.
I am a professional dentist and I want to start a clinic, where I will be doing all kinds of dental procedures. I graduated in 2014 and ever since after that
I have been working in a private hospital as a junior dentist, in order to, gain practical experience.
There are a few things, which I need to start my business. Add a comma
that,
Firstly
, a commercial space on rent. Secondly
, dental equipment such
as Dental chair
, Fix the agreement mistake
chairs
X-Ray
Correct your spelling
X-ray
Machine
, Air Fix the agreement mistake
Machines
compressor
etc and Fix the agreement mistake
compressors
lastly
, dental materials. Therefore
, I am looking for a loan amount around
Seven Lacs, because I want to buy standardised Change preposition
of around
equipments
only.
I have talked with a few clinicians and Change the wording
equipment
types of equipment
pieces of equipment
according to
majority
of them, it takes around three to four years to establish a clinic. Add an article
the majority
a majority
Hence
, keeping that in mind it would be great,
if Remove the comma
apply
loan
tenure is 5 Years and I will be paying Add an article
the loan
installments
on Change the spelling
instalments
monthly
basis. I hope you Correct article usage
a monthly
would
do best in your limits to Wrong verb form
will
fulfill
my needs. I am looking forward to hearing from you.
Yours faithfully,
Jatinder.Change the spelling
fulfil
Submitted by mrsdns on
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Coherence and Cohesion
Ensure each paragraph focuses on a single idea to enhance clarity. The paragraph about the business details could bring in specific costs for transparency.
Greeting and Closing
Consider using a formal salutation and complementary close for improved business letter etiquette.
Task Response
The letter addresses all the required points: type of business, amount needed, and repayment plan.
Suitability of Writing Tone
The writing tone is polite and appropriately formal for a business letter.