Write a letter to a bank customer declining his loan application on the ground of specific unsafe conditions of his factory
Posted by Ripon Abu Hasnat on Wednesday, May 28, 2014 | 0 comments
Our
Ref: AG/Nawab/LQA/023/12
May
06, 2012
Mr. Z
Paragon Hardware
Mart
39, Nawabpur Road,
Dhaka 1200
SUB: YOUR APPLICATION FOR A CASH CREDIT LOAN
Dear Sir:
You are our valued
customer for a long time. Your transactions with us suggest that you have a
good reputation in supplying hardware to a huge number of your clients. We are
proud to find you as one of our prestigious account holders.
We have received an
application dated May 02, 2012 from your esteemed firm seeking a cash credit
loan for Taka one million. You have also proposed to offer enough additional
collateral securities to cover the loan.
We wish we could
offer you the loan as immediately as possible.
But, during our
recent inspection at your shop and the adjacent factory we found that your
factory is not at all secure as regards
the following:
01. The factory
building is extremely old. The building, we are afraid, may collapse in case
an earthquake hits Dhaka city
an earthquake hits Dhaka city
02. There is no
boundary wall on the premises
03. The door and
the windows of the warehouse are too old and rickety
We take pain to say
that our management won’t be able to approve a cash credit for your firm if you
don’t improve the security problems mentioned above.
Should you need
further clarification please don’t hesitate to contact us during office hours.
We are always at your service.
Thank you so much.
X
Manager
You can subscribe by e-mail to receive news updates and breaking stories.
0 comments for "Write a letter to a bank customer declining his loan application on the ground of specific unsafe conditions of his factory"
Leave a reply