Sample Credit Line Extension Letter
Cards / / July 04, 2021
This letter is a letter with which the banking or credit institution is asked to raise the credit limit amount in an account. I leave you two examples, one to request the extension of a credit and another to request the extension of the limit on a credit card.
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Example of letter of extension of credit amount:
Ecatepec de Morelos. Mexico state.
April 30, 1999.
C.P Manuel Rosendo Pérez Calderón,
Manager of the National Agrarian Bank.
Dear Mr. Pérez:
Who writes Mario Valverde Cepeda, as legal representative of the association of community members, by means of this letter I request the extension of the amount of the loan that was approved on March 24 of this year, which was approved for an amount of 250,000 (two hundred and fifty thousand pesos) Currency National.
Likewise, I undertake to accept the conditions for the use and maintenance of the resources that are established in the contract.
I declare that my clients (community of community members) continue to face a temporary lack of liquidity, which forces us to request the extension of the amount of the credit originally granted, due to the requirement of an irrigation system, to be able to transfer the water from the dam to the growing regions.
In order to overcome the situation that motivates this request, the association that I represent has decided to adopt and immediately comply with the following procedures:
- Pay the required premiums in a timely manner, after the first harvests.
Likewise, to guarantee said extension, we offer the following guarantees:
- Leave as collateral, two tractors with a value of 190,000 pesos (one hundred and ninety thousand pesos), attaching the corresponding documentation.
Sincerely,
Mario Valverde Cepeda
Legal representative
(Firm)
Example letter of credit line extension:
Mexico DF. as of July 15, 2011.
National Credit Bank.
To whom it may concern:
I hereby request the extension of the credit of my Credit Card Number 55846632 265487 in the name of. Antonio Rosales Salas. In which a credit limit of 250,000 (two hundred and fifty thousand pesos) is requested, for which I attach the proof of income documents consisting of:
--Interbank deposit balance in payroll account for the months of January to December of last year. In which the amount is raised to almost double.
Tie
Antonio Rosales Salas
If you need a letter request your example.