You should spend about 20 minutes on this task.You want to start your own small business. Write a letter to a bank requesting information about obtaining a business loan to finance your new company.In your letter, include the following information:what ki

Essay topics:

You should spend about 20 minutes on this task.

You want to start your own small business. Write a letter to a bank requesting information about obtaining a business loan to finance your new company.

In your letter, include the following information:

what kind of business you want to start

how much money you need

the length of time over which you would expect to repay the money

Write at least 150 words.

Dear Sir or Madam,

I am writing this letter to request you for seeking information regarding funding of loan amount from your bank in order to finance my proposed business so that I can apply for a loan.

Currently, I am employed in a reputed restaurant as a chef, As I have gathered requisite experience in this field, I am planning to commence my own restaurant business soon. In order to start such a company, I need an initial capital investment of rs1000000. Although I applied for other sources of funds as well yet managed to arrange half of the required amount, for rest of the capital outlay i.e for rs 500000 I wish to apply for loan from your bank.

I request you to grant loan for 5 years so that I can easily manage the repayment of EMI amount. Also, my father will be guarantor for such sum. could you please share the information regarding raising of funds including interest rate,instalment amount and security.

I would be highly greatful if you consider the same.

Yours sincerely

Alexa

Votes
Average: 7.8 (1 vote)

Comments

Grammar and spelling errors:
Line 13, column 146, Rule ID: UPPERCASE_SENTENCE_START
Message: This sentence does not start with an uppercase letter
Suggestion: Could
... father will be guarantor for such sum. could you please share the information regard...
^^^^^
Line 13, column 235, Rule ID: COMMA_PARENTHESIS_WHITESPACE
Message: Put a space after the comma
Suggestion: , instalment
...raising of funds including interest rate,instalment amount and security. I would be highl...
^^^^^^^^^^^
Line 19, column 16, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
... consider the same. Yours sincerely Alexa
^^^^

Transition Words or Phrases used:
also, if, regarding, so, well

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance on Part of Speech:
To be verbs : 2.0 7.48453608247 27% => More to be verbs wanted.
Auxiliary verbs: 6.0 4.92783505155 122% => OK
Conjunction : 3.0 5.05154639175 59% => More conjunction wanted.
Relative clauses : 2.0 3.03092783505 66% => OK
Pronoun: 26.0 32.9175257732 79% => OK
Preposition: 22.0 26.3917525773 83% => OK
Nominalization: 8.0 3.85567010309 207% => Less nominalizations (nouns with a suffix like: tion ment ence ance) wanted.

Performance on vocabulary words:
No of characters: 855.0 937.175257732 91% => OK
No of words: 179.0 206.0 87% => More content wanted.
Chars per words: 4.77653631285 4.54256449028 105% => OK
Fourth root words length: 3.65774358864 3.78020617076 97% => OK
Word Length SD: 2.70652950416 2.54303337028 106% => OK
Unique words: 111.0 127.690721649 87% => More unique words wanted.
Unique words percentage: 0.620111731844 0.622605031667 100% => OK
syllable_count: 255.6 290.88556701 88% => OK
avg_syllables_per_word: 1.4 1.41237113402 99% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 8.0 9.13402061856 88% => OK
Article: 0.0 0.824742268041 0% => OK
Subordination: 2.0 1.83505154639 109% => OK
Conjunction: 0.0 0.463917525773 0% => OK
Preposition: 1.0 1.44329896907 69% => OK

Performance on sentences:
How many sentences: 9.0 12.6804123711 71% => Need more sentences. Double check the format of sentences, make sure there is a space between two sentences, or have enough periods. And also check the lengths of sentences, maybe they are too long.
Sentence length: 19.0 16.3608247423 116% => OK
Sentence length SD: 63.6909978716 44.8134815571 142% => OK
Chars per sentence: 95.0 76.5299724578 124% => OK
Words per sentence: 19.8888888889 16.8248392259 118% => OK
Discourse Markers: 3.22222222222 4.34317383033 74% => OK
Paragraphs: 4.0 4.29896907216 93% => OK
Language errors: 3.0 2.54639175258 118% => OK
Sentences with positive sentiment : 5.0 7.41237113402 67% => OK
Sentences with negative sentiment : 0.0 1.49484536082 0% => More negative sentences wanted.
Sentences with neutral sentiment: 4.0 3.94845360825 101% => OK
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.214977501726 0.216113520407 99% => OK
Sentence topic coherence: 0.0890515485598 0.0766984524023 116% => OK
Sentence topic coherence SD: 0.0725118684039 0.0603063233224 120% => OK
Paragraph topic coherence: 0.133319644066 0.12726935374 105% => OK
Paragraph topic coherence SD: 0.0874075146892 0.0580467560999 151% => OK

Essay readability:
automated_readability_index: 11.0 8.37731958763 131% => OK
flesch_reading_ease: 69.11 70.7449484536 98% => OK
smog_index: 3.1 3.82989690722 81% => OK
flesch_kincaid_grade: 8.3 7.45979381443 111% => OK
coleman_liau_index: 10.44 8.71597938144 120% => OK
dale_chall_readability_score: 8.55 7.59969072165 113% => OK
difficult_words: 45.0 41.2886597938 109% => OK
linsear_write_formula: 13.0 8.62886597938 151% => OK
gunning_fog: 9.6 8.54432989691 112% => OK
text_standard: 9.0 8.15463917526 110% => OK
What are above readability scores?

---------------------
Rates: 78.6516853933 out of 100
Scores by essay e-grader: 7.0 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.