Direct and Indirect Letter

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John Steele
The Countries Bank,
60 City Road,
Salford M5 4WT

05 March 2013

Richard Grey
Grey Transport Ltd.
350 Dock Street
Salford M6 3Wt

RE: Lorries Loan Request

Dear Grey,
This is with reference to your query of 17th September requesting for a Lorries loan from our Bank. We regret to inform you that we are refusing your loan request because as per bank’s new policy, the entire loan request should be covered by securities onwards. We understand that this will be really disappointing for you however since this is Bank’s policy we cannot do much about it. Please feel free to contact us if you need any information.  We hope to be associated with you at some point in time.

Best regards,

John Steele
Bank Manager.

John Steele
The Countries Bank,
60 City Road,
Salford M5 4WT

05 March 2013

Richard Grey
Grey Transport Ltd.
350 Dock Street
Salford M6 3Wt

RE: Lorries Loan Request

Dear Grey,
This is with reference to your query of 17th September, requesting for a Lorrie’s loan, we would like to thank you for your trust on our bank. Considering economic recession our Bank has implemented a policy of securities against loan. We regret to inform you that you are not fulfilling the criteria to get the loan from Bank. We understand that this will be really disappointing for you however you can check with finance houses but let me share with you that the interest rate is higher than bank’s rate. Please feel free to contact us if you need any information.  We hope to be associated with you at some point in time.

Best regards,

John Steele
Bank Manager.
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