Sample Loan Application Letter to Employer
I am writing to formally request a loan from [Company Name] in the amount of [Loan Amount]. The purpose of this loan is [briefly describe the purpose, e.g., to cover unexpected medical expenses, consolidate debt, make a down payment on a house, etc.].
I have been employed with [Company Name] since [Employment Start Date] and have held the position of [Your Position] during this time. My annual salary is [Your Annual Salary], and I have been a dedicated and hardworking employee, consistently meeting and exceeding performance expectations.
Given my current financial situation and my ongoing commitment to the company, I am requesting a loan under the following terms:
- Loan Amount: [Loan Amount]
- Repayment Period: [Repayment Period, e.g., 12 months]
- Interest Rate: [Interest Rate, if applicable]
- Monthly Repayment Amount: [Monthly Repayment Amount]
I am confident in my ability to repay the loan within the agreed-upon terms. I have enclosed my recent pay stubs and a detailed budget to provide you with a clear picture of my financial situation and repayment capacity.
Thank you for considering my request. I would be happy to discuss this matter further and provide any additional information or documentation required. Please feel free to contact me at [Your Phone Number] or [Your Email Address] at your convenience.
Sincerely,
[Your Full Name]
[Your Position]
[Your Contact Information]
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