How to prepare legal forms (click here)

Decline Of Requested Loan

{DATE}

{Mr/Mrs/Ms/Dr} {FIRST NAME} {LAST NAME}

{TITLE}

{COMPANY}

{ADDRESS}

{CITY}, {STATE} {ZIP CODE}

Dear {Mr/Mrs/Ms/Dr} {LAST NAME}:

We were recently informed that our loan with your institution was not approved because we did not meet your loan standards. After reviewing your underwriting guidelines, we believe that our company does, indeed, meet your standards. It appears that the our loan was denied because of some communication problems.

Recently, our policies, business practices, and operations have been modified to target a market that we historically have performed well. We have exited the business operation that depleted our profits in the last year. By changing our focus and business strategy, the financial position of our company has tremendously improved over the last several months. We will be able to easily service the debt we request from you. Please note the attached materials in which we have provided detailed explanations and supporting data on every point that was made as to why our loan was not approved.

After reviewing the enclosed materials, I am sure that you will be in agreement with us. Let us get together once again to clarify any confusion. Feel free to call me at (XXX) XXX-XXXX at your convenience. We thank you for your time and consideration.

Sincerely,

{YOUR NAME}

{YOUR TITLE}