I am ________ (name) from __________ (company name) and we hold __________ (bank account number) in your bank.
I would like to inform you that our company/ organization has taken a loan/ debt from your bank on __/__/____ (date) for _________ (mention purpose) and I write this email to state that we are going through a great depression in our sales and profits therefore, I would like to propose a new repayment schedule as _____________ (mention schedule – payment quarterly/ half yearly/ any other: for example – we will be releasing payments every two months). I believe you will accept our proposal as this will be helpful in making payments in an easy manner and result in better cash flow.
This is to request you to kindly understand our situation and consider this as a genuine request. Shall be highly obliged for your kind support.
[Digital Signature – if applicable]
____________ (Contact details)