Request for Term Loan Disbursement

I hope this message finds you well. I am writing to formally request the disbursement of the term loan that was approved by your esteemed bank on [Date of Loan Approval].

Loan Details:

• Loan Amount: [Amount]
• Loan Account Number: [Account Number]
• Loan Agreement Reference Number: [Reference Number]

Purpose of the Loan: The purpose of this loan is to [briefly describe the purpose, e.g., expand our manufacturing facility, invest in new technology, etc.]. We have completed all the necessary preparations and are now ready to proceed with the disbursement.

Supporting Documents: As per our agreement, I have enclosed the following documents to facilitate the disbursement:

• Signed Loan Agreement
• Proof of Project Completion/Readiness
• Company Financial Statements
• Any other relevant documents as per the loan agreement

Request Details: We request that the loan amount be disbursed to our designated bank account as per the following details:

• Bank Name: [Bank Name]
• Account Number: [Account Number]
• Account Holder’s Name: [Name]

We appreciate your prompt attention to this matter and look forward to your confirmation of the loan disbursement. Should you require any additional information or documentation, please do not hesitate to contact me at [Your Contact Information].

Thank you for your assistance and support.

Sincerely, [Your Full Name] [Your Position] [Your Company Name] [Your Contact Information]