You are interested in starting your own business
Sample Answer
Dear bank manager, I am writing this letter to inquire about the business loan offered by XYZ Bank to the entrepreneur. My name is Thomas, and I have been with XYZ for the last 20 years. For the last ten years, I had been working as a teacher in st secondary school. However, I would like to start my institute under the first alphabets of my first and last name like TS Institute. Although I saved some for an institution, it is not enough to build a coaching centre. Hence, I need to get some loan from Bank. The total amount of money required for starting this business is 50 k, but by deducting my saving from this amount, I think I need half of the money more. I want to request you send me the loan form and other documents to check my eligibility for getting approval for this amount of loan. Furthermore, the Bank can contact me by phone no12345678 or by email at Thomas000@gmail.com. I am looking forward to scheduling a meeting for further discussion. Regards, Thomas
