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REQUEST PERMANENT INCREASE IN CREDIT LIMIT
[DATE, ex. Wednesday, June 11, 1998]
[NAME, BANK AND ADDRESS, ex.
John Smith
XYZ Bank
1234 First Street
Suite 567
Anycity, Anystate 85245]
Dear [NAME, ex. John Smith],
We hereby request that you permanently increase the limit on our credit facility to [REQUESTED AMOUNT OF CREDIT LIMIT, ex. $750,000].
[EXPLAIN REASONS FOR INCREASE, ex. As you are aware, our business has experienced tremendous growth over the past few years, and although this is a positive and desirable trend, we require additional credit in order to allow us to adequately increase production to meet customer demand.]
You already have our financial information and related materials. Please feel free to call me if you have any questions or comments or if you require any additional information. We anxiously await your response.
Sincerely,
[YOUR NAME, ex. Jill Jones]
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