A loan request letter can help your small business secure crucial funding. Here are samples, templates and tips on how to write a good one.Start the body of your letter with a brief summary of why you're writing it and the amount of money you'd like to borrow. Learn how to write an effective loan application letter. Discover tips and examples to help you apply for student loans and more easily! Applicants may not commence work or purchase equipment until receiving written notification of approval from the City of Philadelphia Department of Commerce. I don't recommend asking your employer for a loan but if you are out of options you gotta do what you gotta do. Be direct and sincere. A financing tool to help small businesses do business. Payoff letters aren't the only way to learn about your current loan balance.