positive+message

Date: November 16, 2013

To: Chan Proeung, Founder

from: Dulce Espinal, Financial Manager

Subject: Details sources and uses of loan of funds.

Dear Chan:

we recently received the request bank loan, from Small Business Administration, for the amount of $50,000.00, 10 years loan 9% fixes interest rates. The purpose use start up for a variety reason of our financial planning to purchasing hardware, buying new or updating software, and other objectives.

Below is a breakdown of how these funds will be use.


 * Working capital $ 20.000.00


 * Office supplies 15,000.00


 * Lease payment and deposits 10,000.00


 * Marketing budget 3,000.00


 * Miscellaneous (unforeseen costs) 2,000.00

$ 50,000.00

I will appreciate any decision making, while an efficient finance helps to increase value our business.

Sincerely,

Dulce Espinal Financial Manager