This was a letter I was dreaming of writing someday . . . back in the cold, damp month of March when I was at the height of my frustration. I dreamt of this day. I’m still not sure if it is safe to write it yet, and I could come back to eat my words. But for now . . . if feels soooooooo good. Here is the letter I sent today to the VP of business loans at Wells Fargo.
Dear Mr. X,
I hope you are doing well. The last time we talked was back in March. At that time I was attempting to get a loan from your bank to start the Pacific Rim Headache Center. We did get SBA approval, however, your underwriters were deeply concerned about the clinic. After three months of agony, they could not support the idea of a PA owned headache clinic, and were at an impasse.
Of course, I did find a bank that would loan me the money. We opened our doors on June 1st. The demand for our services has been overwhelming. Our schedule has been full for the past ten weeks, and several weeks into the future. We have produced $79,800 in business over our opening 10 weeks, which is about what I predicted for the end of our second year. I’m really doubtful that I will even use my full line of credit at this bank, baring some unforeseen set back.
I thought you should pass this information on to your underwriters. They passed on a very good opportunity to help a small, and very successful, business get started.
A Letter Long in the Making