Fortune Enterprises Limited
12th October 2013
Subject: Loan Agreement Letter
Respected Mr. Charles,
We are happy to inform you that you have been approved for your $6000 loan request. We would like to thank you for your interest and consideration in our services and we assure you that we will continue to provide you with the beneficial offers for your business in the long run. Through this letter, please review the following terms and conditions of the loan agreement and let us know if you have any queries regarding the same.
Windsor Bank, London, the lender, will provide a loan of $6000 to Fortune Enterprises Limited, the borrower. In response, the borrower agrees to pay the loan with the rate of interest of $600 on a monthly basis, starting from November 3 2013 to December 4 2014. The payments and instalments will be accepted through online transfer in the bank account number 39492942.
The loan agreement further states that the borrower promises to pay the loan amount with interest, within one year of this agreement.
The terms and conditions of the loan agreement can be reconsidered after six months from the date of this letter. Please sign the enclosed document and send us, latest by 15th October 2013.