Without funds, no business can grow and if your organization is need of funds then writing an application letter for funding support to a fund donor can be of great help to you. The request letter for fund release from company can be specific to a project or can be related with the general growth planning of the company. Whatever be the case, without a proper funding request letter for small business, you cannot really get fund donors and their assistance.
This post includes a request for funding memo example. You can use this sample format for funding request letter for small business to create a customized letter.
Sample Format for Funding Request Letter
Date: October 7th, 2021
Mr. Anthony Smith
New Season Finances
Sub: Funding request for $ 150,000
Dear Mr. Anthony,
On behalf of Angel Hardware, I, Andrew Jobs, am writing this request letter to kindly grant us a sum of $ 150,000. We are a hardware company that deals in business to business hardware products since 2000. In the span of two decades, we have grown from a company with just three employees to a company with twenty employees. We had started with one store in New York and now we have three stores across the city.
We are now planning to expand to other cities across the country and California is our next city where we aim to set up our new store and for that we require funding. We already have a decent customer base in the city and by coming up a store there will help us grow better. With your financial help, we will be able to venture into a new city and have our own store. We assure that this funding will be used optimally for setting up the store and promoting it.
Thank you for considering our request. We will be looking forward to hear from you.
Proprietor Angel Hardware
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