REQUEST PERMANENT INCREASE IN CREDIT LIMIT
[DATE, ex. Monday, November 28, 2011]
[NAME, BANK AND ADDRESS, ex.
Danny Graham
ABC Bank
123 Lane
Area 456
City, State, Pin Code]
Dear [NAME, ex. Mr. Graham],
We would like to request you to permanently increase the limit on our credit facility to [REQESTED AMOUNT OF CREDIT LIMIT, ex. $1,000,000].
[EXPLAIN REASONS FOR INCREASE, ex. As you must have noticed, our business has experienced tremendous growth over the past few years, and though this is a positive and desirable trend, we require additional credit in order to allow us to increase production to meet customer demand on time.]
You already have our financial information and related materials. For any queries, please feel free to contact me directly.
I would greatly appreciate your executing this request at your earliest convenience.
Thank you in advance for your anticipated co-operation.
Yours faithfully,
[Your Name, ex. Mark Anthony]