Discount on Prepayment Option

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Date

Date: {{date}}

Recipient Details

To: {{borrower_company_name}}

Attention: {{borrower_contact_person}}

Address: {{borrower_address}}

Subject: Discount Offer for Early Prepayment of Loan Facility No. {{loan_account_number}}

Dear {{borrower_contact_person}},

This letter serves to formally offer {{borrower_company_name}} ('the Borrower') a discount on the outstanding principal balance of Loan Facility No. {{loan_account_number}} ('the Loan Facility') in consideration of an early prepayment.

Terms of Discount on Prepayment

1. **Outstanding Principal Balance:** As of {{current_date}}, the outstanding principal balance of the Loan Facility is {{outstanding_principal_amount}}.

2. **Prepayment Amount:** To qualify for the discount, the Borrower must make a prepayment of the full outstanding principal balance, amounting to {{prepayment_amount}}.

3. **Discount Offered:** Upon successful and timely prepayment as stipulated herein, a discount of {{discount_percentage}} ({{discount_percentage_words}} percent) of the outstanding principal balance will be applied. This equates to a discount amount of {{discount_amount}}.

4. **Net Settlement Amount:** The total amount required to settle the Loan Facility, inclusive of the offered discount, will be {{net_settlement_amount}}.

Conditions for Eligibility

1. **Timely Repayment:** This offer is conditional upon the Borrower remitting the Net Settlement Amount on or before {{prepayment_deadline_date}}. Failure to make the payment by this date will render this discount offer null and void.

2. **No Arrears:** The Borrower must not be in arrears on any other financial obligations to {{company_name}} at the time of prepayment.

3. **Full Settlement:** This discount offer is valid only for the full and final settlement of Loan Facility No. {{loan_account_number}}.

Payment Instructions

Please make the payment of {{net_settlement_amount}} to the following bank account:

Bank Name: {{bank_name}}

Account Name: {{company_name}}

Account Number: {{account_number}}

Branch Code: {{branch_code}}

SWIFT/BIC Code: {{swift_code}}

Please use 'Loan Prepayment - {{loan_account_number}}' as the payment reference.

Effect of Prepayment

Upon receipt of the Net Settlement Amount and confirmation of cleared funds, {{company_name}} will issue a letter confirming the full and final settlement of Loan Facility No. {{loan_account_number}} and release any associated securities or collateral, where applicable, within {{release_days}} business days.

Acceptance of Offer

By remitting the Net Settlement Amount, the Borrower acknowledges and accepts the terms and conditions of this discount offer.

Should you have any queries, please do not hesitate to contact us at {{phone}} or {{email}}.

Signature Block

Sincerely,

___________________________

{{authorised_signatory_name}}

{{authorised_signatory_title}}

For and on behalf of {{company_name}}