I am writing to inquire about the possibility of a business loan from your bank to finance a startup business I have planned to commence soon. I am hoping you would provide me with some information and document requirements so that I can apply for the loan.
I have completed my graduation from the University of Edison and my major was marketing. Now I am interested to start a coffee shop of my own and need a loan to support it. I own the location of the shop and have some prior experience of working at a large coffee shop. A business outlining firm responsible for the business plan has suggested a capital requirement of $10, 000 for the coffee shop. I can finance 50% of the fund requirement and need another $5000 as a loan from your bank.
My father would be ready to be a guarantor for the loan and I can repay the loan amount with interests within 2 years. However, I need three months' grace period before I start repaying my monthly instalment.
I would really appreciate if you could send me details of the loan including the interest rates, monthly instalment amount and so on. Also, forward me the documents I need to fill in and submit to actually apply for the loan.
Yours faithfully,
James Moore
I am writing to inquire about the possibility of a  
business
  loan
 from your bank to finance a startup  
business
 I have planned to commence  
soon
. I am hoping you would provide me with  
some
 information and document requirements  
so
 that I can apply for the loan. 
I
 have completed my graduation from the University of Edison and my major was marketing.  
Now
 I  
am interested
 to  
start
 a coffee  
shop
 of my  
own
 and  
need
 a  
loan
 to support it. I  
own
 the location of the  
shop
 and have  
some
 prior experience of working at a large coffee  
shop
. A  
business
 outlining firm responsible for the  
business
 plan has suggested a capital requirement of $10, 000 for the coffee  
shop
. I can finance 50% of the fund requirement and  
need
 another $5000 as a  
loan
 from your bank.
My father would be ready to be a guarantor for the  
loan
 and I can repay the  
loan
 amount with interests within 2 years.  
However
, I  
need
 three months' grace period  
before
 I  
start
 repaying my monthly  
instalment
.
I would  
really
 appreciate if you could  
send
 me  
details
 of the  
loan
 including the interest rates, monthly  
instalment
 amount and  
so
 on.  
Also
, forward me the documents I  
need
 to fill in and submit to actually apply for the loan.
Yours  
faithfully
,
James Moore
2Linking words, meeting the goal of 7 or more
18Repeated words, meeting the goal of 3 or fewer
3Mistakes