

A bank loan request is a letter that accompanies your bank loan application package. Similar to a cover letter accompanying a resume, the bank loan request should highlight the key points of your business and sum up your request.
Lenders are busy people, so keep your bank loan request brief. It should be a one- or two-page document that the banker can scan quickly to get the gist of your request. The full details about your business and your loan request will be included in the loan application, financial projections, and business plan you submit.
A professional, compelling bank loan request can spur interest in your loan application and increase your chances of approval.
Do you need help fine-tuning your bank loan request? Contact a SCORE mentor for free advice and assistance.
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