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The Intent Letter For Loan Application is a crucial preliminary document in Hong Kong's loan application process, commonly used when individuals or businesses seek significant financing from banks or financial institutions. This document serves as a formal expression of interest and typically precedes the full loan application process. It includes essential information such as the intended loan amount, purpose, proposed terms, and basic financial information about the borrower. While not binding on either party, it helps establish serious intent and provides a framework for further discussions. The document must comply with Hong Kong's Banking Ordinance and relevant financial regulations, and is often required by Hong Kong banks as part of their initial assessment process. It's particularly important in complex loan situations or when dealing with substantial loan amounts, helping to streamline the subsequent formal application process.

1. Sender's Details: Full name, address, and contact information of the potential borrower

2. Recipient's Details: Name and address of the lending institution

3. Date: Date of the letter

4. Subject Line: Clear indication that this is a Letter of Intent for Loan Application

5. Introduction: Brief introduction of the sender and purpose of the letter

6. Loan Details: Specific details about the requested loan including amount, proposed term, and purpose

7. Financial Position: Brief overview of current financial status and ability to repay

8. Proposed Security: Description of any collateral or security being offered

9. Declaration: Statement confirming the truth of information provided

10. Closing: Standard letter closing with signature block