You want to start your own small business. Write a letter to a bank requesting information about obtaining a business loan to finance your new company.
In your letter, include the following information:
• what kind of business you want to start
• how much money you need
• the length of time over which you would expect to repay the money
Dear Sir or Madam,
I am writing to inquire about the possibility of getting business loan from your bank to finance a small startup I have planned to commence soon.
Let me explain in detail. I have completed my Post Graduation in Construction Management from NICMAR institute. Now I am interested to start small contracting firm and I need a loan to support it. I own the location of shop and have some prior experience in construction of residential and commercial buildings. One of my financial advisory has suggested me to invest atleast 2 Million INR. Since I can finance 40% of total investment I need your bank to finance me with balance 60% i.e. 1.2 Million INR and that would be great help for me.Please let me know what are the documents required to apply for this loan.
As I need this loan for long-term I would request if you could arrange me repayment schedule of over 5 years along with interests as per bank standards.
I look forward to hearing from you.
Yours faithfully,
Rakesh Soni
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2020-06-27 | sudheerssmg | 87 | view |
| 2020-06-27 | rakesh.bi | 78 | view |
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Grammar and spelling errors:
Line 5, column 541, Rule ID: SENTENCE_WHITESPACE
Message: Add a space between sentences
Suggestion: Please
...INR and that would be great help for me.Please let me know what are the documents requ...
^^^^^^
Transition Words or Phrases used:
if, look, so
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 2.0 7.48453608247 27% => More to be verbs wanted.
Auxiliary verbs: 7.0 4.92783505155 142% => OK
Conjunction : 5.0 5.05154639175 99% => OK
Relative clauses : 1.0 3.03092783505 33% => OK
Pronoun: 29.0 32.9175257732 88% => OK
Preposition: 26.0 26.3917525773 99% => OK
Nominalization: 13.0 3.85567010309 337% => Less nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 845.0 937.175257732 90% => OK
No of words: 178.0 206.0 86% => More content wanted.
Chars per words: 4.74719101124 4.54256449028 105% => OK
Fourth root words length: 3.65262427087 3.78020617076 97% => OK
Word Length SD: 2.7745359051 2.54303337028 109% => OK
Unique words: 118.0 127.690721649 92% => More unique words wanted.
Unique words percentage: 0.662921348315 0.622605031667 106% => OK
syllable_count: 250.2 290.88556701 86% => OK
avg_syllables_per_word: 1.4 1.41237113402 99% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 5.0 9.13402061856 55% => OK
Article: 0.0 0.824742268041 0% => OK
Subordination: 2.0 1.83505154639 109% => OK
Conjunction: 0.0 0.463917525773 0% => OK
Preposition: 1.0 1.44329896907 69% => OK
Performance on sentences:
How many sentences: 10.0 12.6804123711 79% => Need more sentences. Double check the format of sentences, make sure there is a space between two sentences, or have enough periods. And also check the lengths of sentences, maybe they are too long.
Sentence length: 17.0 16.3608247423 104% => OK
Sentence length SD: 61.8288767487 44.8134815571 138% => OK
Chars per sentence: 84.5 76.5299724578 110% => OK
Words per sentence: 17.8 16.8248392259 106% => OK
Discourse Markers: 1.2 4.34317383033 28% => More transition words/phrases wanted.
Paragraphs: 4.0 4.29896907216 93% => OK
Language errors: 1.0 2.54639175258 39% => OK
Sentences with positive sentiment : 5.0 7.41237113402 67% => OK
Sentences with negative sentiment : 0.0 1.49484536082 0% => More negative sentences wanted.
Sentences with neutral sentiment: 5.0 3.94845360825 127% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.199116446708 0.216113520407 92% => OK
Sentence topic coherence: 0.0699579514597 0.0766984524023 91% => OK
Sentence topic coherence SD: 0.0641687907419 0.0603063233224 106% => OK
Paragraph topic coherence: 0.120379701035 0.12726935374 95% => OK
Paragraph topic coherence SD: 0.0658229860053 0.0580467560999 113% => OK
Essay readability:
automated_readability_index: 9.8 8.37731958763 117% => OK
flesch_reading_ease: 71.14 70.7449484536 101% => OK
smog_index: 3.1 3.82989690722 81% => OK
flesch_kincaid_grade: 7.6 7.45979381443 102% => OK
coleman_liau_index: 9.97 8.71597938144 114% => OK
dale_chall_readability_score: 8.38 7.59969072165 110% => OK
difficult_words: 44.0 41.2886597938 107% => OK
linsear_write_formula: 7.0 8.62886597938 81% => OK
gunning_fog: 8.8 8.54432989691 103% => OK
text_standard: 10.0 8.15463917526 123% => OK
What are above readability scores?
---------------------
Rates: 78.6516853933 out of 100
Scores by essay e-grader: 7.0 Out of 9
---------------------
Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.