COMPANY LETTER HEAD

Jakarta, ..................
No. : ............................

Mr ....................
Address..............

Re : Proposal for Project Loan

Dear Sir,

We have already finished our work on ............... (name of project) with your fully support. At this time,
we have been reviewed outstanding invoices ..... (vendor) against .... (your company) and studied the
condition of the company’s cash flow recently. The value of current cash flow to run our projects is quite
significant for us.

Therefore, we would like to propose to change our Outstanding Payment become Project Loan, so that
we can run our projects smoothly based on projects requirements.

Herewith the details of Project Loan and Payment Planning (with interest 0.5% per month);
Outstanding Payment Project Loan
Payment Planning (With Interest
Project Loan 0.5%/month)
No Invoice Number Project Amount Amount (IDR) Date Amount Amount (IDR)
(USD) (USD)
1
2
3
4
Total

Regarding payment for .... (project name), we will settle payment to .. (vendor) while we have been paid
from our client. The invoice that has been received by our client is 1st invoice (50% Progress).
Meanwhile, 2nd progress (Final Work) is in progress in the project site.

We do hope that ... (vendor) will consider our proposal for project loan and give us positive feedback
soon.
If you have further questions, please do not hesitate to contact us.

We look forward your reply.

Thank you for your cooperation.

Sincerely,

Name
Title
Signature