REQUEST RELAXATION OF COVENANTS IN CREDIT TERMS

REQUEST RELAXATION OF COVENANTS IN CREDIT TERMS

[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],

According to the terms of our credit arrangement with you, we are required to maintain [STATE COVENANT WHICH YOU EXPECT TO BREAK, ex. a debt to equity ratio of 2 to 1].

[EXPLAIN REASONS FOR RELAXING OF COVENANT, ex. As you may be aware, our business is seasonal, and this year, we are experiencing record orders for our products. Although this is desirable from a sales and profitability perspective, it requires additional capital to finance the growth, and we have raised this amount privately by way of debt].

We expect to be back in a position to maintain our covenants within a few months.

Please feel free to call me if you have any questions.

Sincerely,

[YOUR NAME, ex. Jill Jones]

REQUEST NEW BOOK OF CHECKS

REQUEST NEW BOOK OF CHECKS

[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],

Would you kindly forward to us a new book of checks for our Account No. [CHECKING ACCOUNT NO., ex. 12345678]. Our current supply is rapidly being depleted.

Please feel free to call me if you have any questions.

Sincerely,

[YOUR NAME, ex. Jill Jones]

REQUEST PROPOSAL FOR CREDIT FACILITY

REQUEST PROPOSAL FOR CREDIT FACILITY

[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],

I refer to our recent telephone conversation regarding our company's credit and banking requirements.

As you are aware, we are a growing business with correspondingly increasing capital requirements. We have enclosed for your information, our recent financial statements along with our business plan and budget for the forthcoming fiscal year.

Based upon our forecasts, we anticipate requiring a credit facility of approximately [AMOUNT OF CREDIT FACILITY, ex. $750,000].

Would you kindly provide us with a financing proposal which you believe would satisfy our requirements. Please feel free to call me if you have any questions or comments, or if you require additional information.

We anxiously await your response.

Sincerely,

[YOUR NAME, ex. Jill Jones]

REQUEST PERMANENT INCREASE IN CREDIT LIMIT

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 [REQESTED 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]

REQUEST CONFIRMATION THAT BANK HAS NO INTEREST IN SPECIFIC EQUIPMENT

REQUEST CONFIRMATION THAT BANK HAS NO INTEREST IN SPECIFIC EQUIPMENT

[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 are purchasing [DESCRIBE PURCHASED ITEM, ex. an item of equipment described as an Ultramax 3 Ton Lifter, Serial No. 9999999, together with peripheral equipment] from your customer, [NAME OF BANK CUSTOMER, ex. ABC Corp.]. We note that you have registered security against the assets of [NAME OF BANK CUSTOMER, ex. ABC Corp.].

Would you kindly confirm to us in writing that you have released any an all interests you may have in this equipment, in order that we can complete our purchase.

Thank you in advance for your anticipated co-operation. Please feel free to call me if you have any questions.

Sincerely,

[YOUR NAME, ex. Jill Jones]

INQUIRE BANK REGARDING FOREIGN CURRENCY ACCOUNTS

INQUIRE BANK REGARDING FOREIGN CURRENCY ACCOUNTS

[DATE, ex. Wednesday, June 11, 1998]

[NAME, COMPANY AND ADDRESS, ex.

John Smith

XYZ Bank

1234 First Street

Suite 567

Anycity, Anystate  85245]

Dear [NAME, ex. John Smith],

We are interested in whether your bank offers interest-bearing [CURRENCY, ex. Sterling Pound] accounts.  Please forward any information regarding the availability of such accounts, as well as the current rates paid thereon, to me at:

[ADDRESS, ex.

Attention: Jill Jones

PowerAccount Industries

4312 Third Street

Anycity, Anystate  85245]

Allow me to thank you in advance for your consideration.

Sincerely,

[YOUR NAME, ex. Jill Jones]

REQUEST BANK TO SEND DEPOSIT RATES

REQUEST BANK TO SEND DEPOSIT RATES

[DATE, ex. Wednesday, June 11, 1998]

[NAME, COMPANY AND ADDRESS, ex.

John Smith

XYZ Bank

1234 First Street

Suite 567

Anycity, Anystate  85245]

Dear [NAME, ex. John Smith],

At your earliest convenience, please forward your current rates on your savings and checking accounts to me at:

[ADDRESS, ex.

Attention: Jill Jones

PowerAccount Industries

4312 Third Street

Anycity, Anystate  85245]

Allow me to thank you in advance for your consideration.

Sincerely,

[YOUR NAME, ex. Jill Jones]