## Business Loan Offer for $25,000
### Introduction
We are pleased to offer you a business loan of $25,000 to support the growth and development of your business. We have carefully reviewed your application and believe that your business has the potential to succeed.
### Loan Terms
* **Loan Amount:** $25,000
* **Loan Term:** 5 years
* **Interest Rate:** 10% per annum
* **Monthly Payment:** $496.06
* **Total Interest Paid:** $3,412.72
* **Total Loan Repayment:** $28,412.72
### Loan Purpose
The loan proceeds can be used for any business-related purpose, such as:
* Purchasing equipment or inventory
* Expanding or renovating your business premises
* Hiring additional staff
* Marketing and advertising
* Working capital
### Collateral
The loan will be secured by a personal guarantee from you and [name of business partner(s)] as well as a security interest in the assets of your business.
### Repayment Schedule
Your loan payments will be due on the [day of month] of each month, starting on [start date]. You can make payments online, by mail, or in person at any of our branches.
**Repayment Schedule:**
| Payment Number | Due Date | Payment Amount |
|—|—|—|
| 1 | [start date] | $496.06 |
| 2 | [next due date] | $496.06 |
| … | … | … |
| 60 | [last due date] | $496.06 |
### Early Repayment
You may prepay your loan in full or in part at any time without penalty.
### Default
If you fail to make a payment or violate any other terms of the loan agreement, we may declare the loan to be in default. In such an event, we may take legal action to collect the outstanding balance.
### Acceptance
To accept this loan offer, please sign and return a copy of this agreement to us by [acceptance deadline].
### Additional Information
If you have any questions or require further information, please do not hesitate to contact us.
Thank you for choosing us for your business loan needs.
### Contact Information
[Contact Name]
[Contact Phone Number]
[Contact Email Address]