Dear :

I would like to apply for a loan to enable me to expand my business.

Over the past six months, I have been testing the market with [products] and have found that demand in [country/area] for these products has far exceeded my expectations. The total value of the orders I have received during the second quarter has exceeded $, half of which I have not been able to fulfil because of my limited resources.

I need a loan for about $ to expand our manufacturing capacity. I can offer as security for the loan which I estimate will take me about months to repay.

I am enclosing the following documents for you to inspect:

1.

2.

3.

Please call me at [phone number] if you need further information. I look forward to hearing from you soon.

Yours sincerely,

[name]

[title]