How to Write Letter of Export Refinance Facility

Posted by

Oct 11,1999

The Manager

Bank Alflah.,

L.D.APlaza

Lahore.

SUBJECT :    EXPORT REFINANCE FACILITY

Dear Sir,

We are operating a stitching unit of knitted garments since January 1997.and whole production is exported .Our export performance for  years ending June 1997 ,1998 and 19999 was  as follows

1996-97                                                                                   12,085,854

1997-98                                                                                   21,784,607

1998-99                                                                                   49,956,554

Your good self will observe from the above that our quantum of business is rapidly increasing. We expect that by the end of the next year the total exports  will cross the figure of Rs.100 Million.

We are enclosing copies of audited accounts for the last two years. The enclosed accounts reveal  that  we will not be able to achieve  the above figure without your assistance

In the light of above we request your good self to kindly extend export refinance facility to the tune of Rs.9.300 Million.

Collateral shall be provided on demand.

Thanking you.

Yours truly,

For STAR TEXTILES (PVT) LIMITED

AWAIS AHMAD

(CHIEF EXECUTIVE)

Letter of Export Refinance Facility

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