This is our automated customisable version of the Loan Agreement, for a less complex template version, you can have a look at ours here
A Loan Agreement regulates the relationship and repayment terms between a lender and borrower of money.
Although there is no legal requirement that a loan agreement be in writing, this is the only way the terms of the loan can be properly governed, with no chance of ambiguity.
Included in this Contract
All the basic aspects of a loan agreement including:
- Events of default and repercussions if the borrower fails to make repayments on time;
- Dispute resolution processes;
- Certain undertakings and warranties provided by the borrower;
- Cost recoupment in the event of the borrower defaulting and the lender seeking legal help to recover the amounts owing;
- Common boilerplate clauses.
And gives you the possibility to choose variations of the following clauses:
- Capital amount lent;
- Interest rates of repayment;
- Repayment dates.
If you are also interested in other Finance Documents, please check out:
How does it work?
When you start the questionnaire, you will be guided through each question with the helping hand of detailed explanations and additional information. Based on your answers, the Loan Agreement Template will be tailor-made by our system. If you log in or create an account, you can also save the progress of the questionnaire and come back later.
You will receive both a Word Doc and a PDF version of the document available for download and both copies of the template will be sent to you by email.
We want you to be happy with your purchase. If you are not completely satisfied, we will provide a full refund.
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Read more about How to Reduce and/or Postpone your Rental Payments due to Covid-19/Lockdown, click here