Money by no means is the most important thing that gives meaning to our lives. Every Day, We grapple with manifold expenses and work expeditiously to maintain a lifestyle. However, we come to know the true meaning of money only when we desperately in dire need. In extreme situations, people who come to our rescue financially are really kind souls who cannot be thanked enough. Nothing you do or say can ever compensate the people who you ask for help but a word of gratitude can go a long way.
We come across many people as sympathizers and friends. However, our real loyalty should lie with people willing to part money as help. Money given for personal help by friends or family, volunteering support or even formally by your employer or a financial institution should be honored gracefully. While you should always promise to reimburse the money, a thank you message should be top priority.
The thank you letter for financial help should be gratuitous, complementary and thankful. Make sure to share how you intend to pay back the money so that you assuage your financial supporter. Tell them why you have fallen on bad times and how you intend to take control of your situation sooner. Promise them to keep them in the loop so that they know you haven’t forgotten about the help. Before writing the letter, you need to know some basic things like-
- What is a thank you letter for financial help
- When is the thank you letter for financial help required
What is a thank you letter for financial help?
It is always difficult to ask for financial support. You are expected to live within your means, plan for contingencies and invest wisely. However, emergencies don’t come calling. A letter of thank you for financial help is required when you have exhausted all your own resources and still are in dire need of financial help. If you haven’t been able to plan your finances, a financial support can help tide through the rough patch in your life. The people who support you in these desperate times should be shown gratitude. They have done you a favor and now is the time to thank them for their generosity. A thank you letter should be genuine enough to keep you in your supporter’s good graces and make them feel important.
The letter of thank you for financial help is a sweet gesture, and a great way to express your gratitude. It is a simple message thanking the supporter for the money and their kind-hearted nature. Apart from detailing the plan to pay back, it should be a promise note for recompense.
When is a thank you letter for financial help required?
This letter of thank you for financial help is not legal binding but a personal gesture. It does not in any way make you legally responsible for any pay back. It is a genuine expression on the part of the borrower to thank the people who are helping them in difficult times.
A financial support from friends and family does not come with any strings attached. The money does not come with a notice of payback or interest accruable. But it has an attached economic value for the provider. Since the borrower is not bound by any terms, it is usually considered a good exercise to thank for the support. A thank you letter merely reaffirms your commitment to pay back and make sure you use the money assiduously. The letter even though is not required for any particular purpose, shows your genuine regard for the person who is lending the money. It reinforces your commitment to pay in the future and honor the relationship by keeping up with the promise.
Tip to write an effective thank you letter for financial help
You now know everything you need to about the thank you letter for financial help The art of writing a memorable letter is in giving it a personal touch. Thank the host for their generosity and timely help.
Here are some tips to help you write a thank you letter for financial help-
- A thank you letter is an excellent way to express your gratitude. If it written to your friend or family, you can talk about their understanding nature and supportive attitude. You can tell them how special and important they are to you.
- The letter should talk something personal about the lender. You can highlight their personality traits and how you cherish their kindness.
- Make your letter an acknowledgment of how you are going to pay back the dues. Tell them if you are expecting money from somewhere that you will use to pay back.
- Use the letter to deepen your relationship. Tell me how you always looked up to them and how their helping you doesn’t come as a surprise.
Sample letter of thank You Letter For Financial Help Templates
Sample letter of thank you letter for financial help Template #1
Thanks For Your Support
Hope this letter finds you in the best of your health. I have been meaning to talk to you for a long time. Your kind support has helped see through the worst of times. You already know your financial support came at a time when I was out of a job and had been facing the burden of my student debt. I have to give credit to you for what I am today. You have not only support me financially or emotionally but you have encouraged me to be believe and follow my dreams. I cannot thank you enough for your guidance and help when I had no one to depend on. I will not deny that your financial support has made a huge difference and I will never forget that.
There is no one so dear to me than you. I have always looked up to you since childhood and you financial support has made me all the more grateful for your support. I am writing because I am going to be in the money soon and will pay you back every penny. Even though this does not in any way recompenses you, I look forward to be of your service whenever you need me.
See you soon.
Sample letter of thank you letter for financial help Template #2
Thanks For Your Support
It has been quite a while since we last talked. I am writing to thank you for the generous financial support that has helped me immensely. You know I lost a lot of money in the market and no one was willing to lend me the money. But you my dear friend, you are a real friend. I am overwhelmed and do not know what good I have ever done to deserve a friend like you. Having your help has meant a world to me and put me out of my misery. You are a truly the best friend I have ever had and I know I will cherish this relationship even more
I know you are not made of money, but then you haven’t let money come in the way of our friendship. This does not in any way mean that I will not keep my promise. I am expecting some money and I will return that to you.
I was feeling a little let down of having to ask for your help but you instantly came up to support me. You are exactly what I needed, when I had no one for help. This isn’t too much to say that I owe my life to you and would do anything for you. I look forward to a day when you will let me have the honor of helping you. Thank you again for the kind and generous help. May God bless you.
Sample letter of thank you letter for financial help Template #3
Madam/Sir (Name)(College Administrator/Loan officer)
Thanks For Your Support
I wanted to thank you for understanding the urgency, your open-minded attitude and readiness to provide me the financial support at such short notice. Since my financial situation was preventing me from taking the step forward, this education loan for laptop will help rehabilitate me to the digital learning environment. As you know, Covid-19 has radically altered the way of learning. I had to prepare for off-campus seminars and live sessions and there was no money left after paying for boarding. Thank you for putting my case with the officers and for your assistance. Your support through this difficult time has come at the time when I was planning to drop the academic year. Your guidance has come as a lay of lightness in the darkness of Covid-19 and is highly appreciated.
Please accept my heartfelt gratitude and sincere commendation. You have not only come to my aid but also provided a lifeline to all the deserving students who are unable to manage the endless struggles of preparing themselves for higher studies.
Sample letter of thank you letter for financial help Template #4
Thanks For Your Support
I am writing to express my heartfelt gratitude for helping me with short term funds required for the health emergency. As you already know I was grappling with a health crises. and I suddenly realised that I was not prepared for it financially. Since I had no one to turn to except you, this financial support is highly appreciated. I know you have been generous to me, but this time you have taken a heavy load off my chest.
Friends like you only happen to a lucky few. I consider myself blessed to have a friend who is a lifesaver. Apart from the financial help, I cannot thank you enough for the time and effort at the hospital. You being by my side has made it easier for me. These last couple of days have made me realize the transitory nature of life. I would not for even a minute want you away from my life.
I am indebted to your generosity. I don’t know if I would ever be able to repay for this beautiful gesture. Please let me know if I could be of any help. Thank you for everything and for being who you are.
God bless you.
Sample letter of thank you letter for financial help Template #5
Dear (Name)(Banker/Loan Officer)
Thanks For Your Support
I wish to thank you for the valuable support in financing the loan for business continuity. I am extremely delighted to tell you that my employees will be able to keep their jobs and I have the working capital to tide over these difficult times. The assistance is for us a gift from almighty and will stop us from starving for funds. I am thankful that you took the time to understand our plight and forward our business plan for quick approval. As you already know, COVID has devastated the business community. We were not able to fulfil our orders and if it weren’t for you, our operations would have come to complete halt.
Since our needs are many, this aid will help avoid the closure of our business. On behalf of all workers, please accept my gracious thanks. May you be blessed in your future endeavors and considerate to the needs of changing business environment.
Best Regards (Your Name)