Business Plan Cover Letter (Free Examples)

Use these sample business plan cover letters as templates for your formal cover letter.

Sample 1 - Business Plan Cover Letter Sample

Name of Applicant
Address of Applicant
City, State, Zip Code

DATE

Name of Investor or lending officer at a Lending Institution
Name of Bank or Lending Institution
Address of Bank etc.
City, State, Zip Code

Dear Mr/Ms. Name of lender or investor,

I am submitting my business plan to you in the hope of receiving a start-up loan for $50,000. I learned about your history of funding recycling centers, and my proposal takes the business to the next level.

We will be a source for other businesses who want to use recycled products or use waste material to recycle into their own products. According to our research, consumers are looking for businesses that use environmentally friendly products.

I have $10,000 inheritance from my grandfather that I plan to invest in the business. As stated in the plan, we aim to make $5,000 profit the first year and reinvest in the business to widen our clientele.

We will be the first company in the city to offer this service, so we hope to be well established before competing companies enter the industry.

My brother, Name of Brother, and I are working together to make this business a success. We have worked for the last five years in Name of Company, where they manufacture plastic sheeting for construction companies from recycled plastic.

As stated in the plan, I will collect the waste material and my brother will manage the accounts. We plan to employ office help and waste collection help.

We have contacted several recycling centers in the city who agree to sell us their recyclable waste. We have found a warehouse available to rent when we go forward with the business.

Thank you for your time and consideration in this matter. I hope you will review my business plan. If you have any questions or would like to discuss the plan, I can be reached at 555-123-4567 or at [email protected] I would be happy to meet you at any time that is convenient for you.

Sincerely,

Signature of Applicant
Name of Applicant Printed
Business Plan Enclosed

Sample 2 - Business Plan Cover Letter

Michael Jones, Mike's Bistro
419 East Geraldine Avenue
Podunk, IA 54301
(555) 555-5555

11/12/2018

Mrs. Kathy Smith, Podunk Bank and Trust
3012 Highland Street
Podunk, IA 54301

Dear Mrs. Smith:

Attached to this letter is a plan for my business, Mike's Bistro. I have carefully considered the needs of my business and why it will be a good investment for your bank. I hope you will consider the loan I am asking for. Thank you for your consideration.

Podunk has no true bistro restaurants and I wanted to bring some of the big city appeal of them to our small town. I have been cooking all my life and think that I could create a unique and profitable restaurant experience.

My business plan shows that I already have $3,000 to invest in remodeling the old ice cream shop on baker into the bistro. I believe I can make a $50,000 profit by the end of the year once the doors open to the public by April.

Thank you for your interest and consideration in this. I understand your time is valuable. If you wish to discuss my business plan with me in person I am always available to arrange an appointment. Thanks again.

Sincerely,

(signature)
Michael Jones

By Andre Bradley

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