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Request Release Of Specific Equipment From Security

REQUEST RELEASE OF SPECIFIC EQUIPMENT FROM SECURITY

[Date]


[NAME, BANK AND ADDRESS, ex.
Tom Atkinson
COMANY Bank
14 Edith Street,
Hackney West,
ZIP POST CODE]

Dear [NAME, ex. Tom Atkinson],

According to the terms of our credit arrangement with you, we provided you with general security over all of our property, assets and undertaking.

[EXPLAIN REASONS WHY RELEASE IS BEING REQUESTED] ex. As you may be aware, we currently own a large piece of equipment which has become redundant. We wish to replace this with a newer model, however the supplier requires a release of your security before accepting the old equipment]

Please feel free to call me if you have any questions.


Sincerely,


[YOUR NAME, ex. Tony Montana]

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