OVERDRAW FROM A BANK

Dear Sir,

As you know Eid is approaching which is the time when my turnover is likely to considerably increase. As my stocks are extremely low and I am unable to get long term credits from wholesalers, I find myself in a great difficulty and consequently approach you with a view to obtaining a small overdraft. I may add that credit is withheld from me merely because I am comparatively a new-comer in the business. I will however, make do with an advance of Rs.10,000/- and drawings would be spread over a period of the month ending by the 15th of December. I should undertake to place my account in credit not later than 31stJanuary, next. I hope you would allow me this advance merely against my personal surety; in that case I would very much allow you to inspect my books of account to satisfy yor with the promptitude with which my payments are normally made.

Thanking you.

Yours faithfully,