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Example Of Loan Letter
(Print Loan Letter On Corporate Letterhead)
Our Ref: LOAN/LETTER/110123454(1)
PRIVATE & CONFIDENTIAL
(Customer Organization Name)
(Customer Street Address)
(City, State, Zip Code)
Dear (Customer Name),
DISBURSEMENT OF TERM LOAN
Thank you for banking with us.
We are pleased to inform you that we have disbursed your Bank Term Loan today. Following are the disbursement details.
Term Loan: USD 200,000-00
Account No: 110-12345-4
Amount Released: USD 200,000-00
Installment Amount: USD1073-00
Installment Commencement Date: 01 January 2011
Kindly commence payment of the above mentioned installment amount on the stated date. If you choose to commence payment before the date, kindly inform us ahead of this at the telephone number below.
If your Term Loan installments are multi-tiered, please refer to our Letter of Offer and/or Supplementary Letter of Offer to you, which states the installment amounts payable for the second year onwards.
Our Debit Note is enclosed for your retention. For your convenience, we have attached document for your reference on the various payment channels available.
Please feel free to contact our Customer Service Officers at 1234 567 890 if you need further assistance.
We look forward to serving you again.
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