In particular we focus on getting the loan structure right the first time, choosing which lenders to use in the right order (yes this is important) and finally getting our clients the best deal possible.
An effective loan application letter should only be one page long and contain no more than 6 paragraphs. The letter should highlight important information about your financial history and status, and it should be able to convince the financial lender to approve your loan application. It can also be important to tell your lender how you plan to use the loan. Be as specific as possible, citing numbers to quantify your goals.
It should include:
- Address to the right authority
- Reason for the Loan i.e. how the money will be spent
- Be Specific about the amount
- Present positive attributes about yourself to ensure you are trustworthy
- Mention how you intend the loan to be repaid
