I am the Controller of ABC Construction Company and preparing two business letters.

The first business letter should be addressed to Ms. Roberta Smith, Business Loan Office at Community Bank, requesting a line of credit to be able to pay construction costs that your company typically incurs early in construction projects. These construction costs include payroll, construction materials, permits, insurance, subcontractors, etc. The line of credit is needed because customer construction billings and subsequent cash collections occur more toward the end of the project completion date.Include in your letter a table to illustrate the timing difference between costs incurred and billings/cash collections. Columns for this table should include the following: