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Sample Business Letters

Home arrow Banking arrow Request to Bank arrow Request Release of Specific Equipment Form Security
Request Release of Specific Equipment Form Security PDF Print E-mail
Written by Business Letters Admin   
Monday, 03 March 2008

[DATE, ex. Wednesday, June 11, 1998]
 

[NAME, BANK AND ADDRESS, ex.
John Smith
XYZ Bank
1234 First Street
Suite 567
Anycity, Anystate  85245]
 

Dear [NAME, ex. John Smith], 

According to the terms of our credit arrangement with you, we provided you with general security over all of our property, assets and undertaking.

[EXPLAIN REASONS WHY RELEASE IS BEING REQUESTED] ex. As you may be aware, we currently own a large piece of equipment which has become redundant. We wish to replace this with a newer model, however the supplier requires a release of your security before accepting the old equipment] 

Please feel free to call me if you have any questions.

Sincerely,

[YOUR NAME, ex. Jill Jones]

 
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