Comfort letter

Hey kiddo! Do you know what a comfort letter is? It’s like a special note that someone gives to another person to make them feel better or more comfortable about something.

When grown-ups talk about comfort letters, they’re usually talking about a note that a big company or an important person sends to a smaller company or organization. The big company or person writes the note to show that they support the smaller company or organization, and that they believe that they will be successful in what they are doing. This can help the smaller company or organization to get things like loans or investments from other people who might be more willing to help if they know that a bigger, more successful company is supporting them.

The comfort letter is like a big hug, saying “We’re here for you, and believe in you!” and it can help the smaller company or organization feel more confident and comfortable moving forward with their plans.