ENCLOSING BUDGET AND BUSINESS PLAN FOR UPCOMING YEAR

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

[NAME, BANK AND ADDRESS, ex.

John Smith

XYZ Bank

1234 First Street

Suite 567

Anycity, Anystate 85245]

Dear [NAME, ex. John Smith],

As requested by you, we enclose our budget and business plan for the upcoming fiscal year ending [FISCAL YEAR END OF BUDGET AND BUSINESS PLAN, ex. July 31, 1999]. We trust that these are in order, and we look forward to a favorable renewal of our credit facility.

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

Sincerely,

[YOUR NAME, ex. Jill Jones]