Letter to Bank Requesting Release of Specific Equipment Form Security Delux Letter

REQUEST RELEASE OF SPECIFIC EQUIPMENT FROM SECURITY:

[DATE, ex. Wednesday, June 11, 1998]

[NAME, BANK AND ADDRESS, ex.

John Smith

X.Y.Z Bank

1234 First Street

Suite 567

Any city, Any state  85245]

Dear [NAME, ex. John Smith],

According to the terms of our credit arrangement with you, we provided you with general security over all of our property, assets and undertaking.

[EXPLAIN REASONS WHY RELEASE IS BEING REQUESTED] ex. As you may be aware, we currently own a large piece of equipment which has become redundant. We wish to replace this with a newer model, however the supplier requires a release of your security before accepting the old equipment]

Please feel free to call me if you have any questions.

Sincerely,

[YOUR NAME, ex. Jill Jones]

Posted in: Delux Letters,Letters