Request Page

This section should include a summary of the company’s loan request.

Information to include:

1. Company Name

2. Dollar Amount Required

3. Month and Year the Loan Is Required

4. Purpose of the Loan and How Money Will Be Spent (Be specific.)

5. Equity

Amount and type of equity. As owner how much cash will you invest, or what type of assets will you contribute?

6. Contact

Contact person at the firm who is responsible for the proposed business plan.



Sample Request Page

 

Our only choice is to do what is best for our customers.

123 Format Way — Our Town, IA — (505) 319-7120

 

 

February 29, 2000

 

Kelly Sharp, President

First State Federal Bank

9110 Ledger Street

River City, IA 12345

 

Dear President Sharp:

 

Cattle Producers Marketing Coop is a producer’s cooperative established to help more than 25 area beef producers:

Secure a higher percentage of the consumer dollar; and

  • obtain a higher price for food, fiber and crafted items produced on family farms.

In order to fulfill its purpose, Cattle Producers Marketing Coop, headquartered inBordertown, IA, is seeking a loan of $125,000 to assist with costs associatedwith the:

  • purchase of processing machinery and equipment.

This equipment will be placed in Larry and Linda’s Locker Plant in Bordertown.The owners will finance the purchase and will remain on staff to assist inoperation of the business.

So far, 26 cooperative members of the coop have committed $260,000 in cash to this project, and the Bright County Development Corporation has agreed to provide technical assistance of various types. The owner equity will be split equally between a down payment on Larry and Linda’s Locker Plant and a down payment on purchase of processing machinery and equipment.

The requested financing will be needed in 90 days. To allow Cattle Producers Marketing Coop to take advantage of near term opportunities that may be crucial to long term success, financing is needed by July 1, 2000.

For additional information please contact:
Bailey B. Line, General Manager
Cattle Producers Marketing Coop
Mainstreet
Bordertown, IA 54321
Phone: (505) 319-7120; Fax: (702) 319-7020; Cell: (309) 702-5150
E-mail: GoCy@planright.com

The attached business plan outlines and explains all aspects of the proposed project.

Respectfully,




Bailey B. Line, General Manager