The Manager，
Commercial Bank of Shanghai，
Dear Sir，
In March 2007 you were good enough grant me a credit of ￥80， 000RMB， which was repaid within the agreed period. I now require a fur
ther loan to enable me to proceed with work under a contract with Fiat
Athletic Association for the construction of a three - storied gymnasium.
I need the loan to purchase materials at a cost of about ￥ 100， 000 RMB. The contract price is ~ 750， 000RMB， payable immediately upon satisfactory completion of the work on or before 1 th October next.
I should be glad if you could see your way to grant me a loan of ￥ 85，000RMB for a period of nine months. The manner in which I have kept my account with you will， I hope， justify the loan and since my contract is with an eminent association， my ability to repay the loan at the agreed time can hardly be in doubt.
I enclose a copy of my latest audited balance sheet and shall be glad to call at the bank at your convenience to discuss the matter.
展开
