Comprehensive loan agreement secured by a guarantor. Our
most popular loan agreement document - can be modified to
suit your unique circumstances, or used as-is
About this document
There is little or no statutory regulation relating to an agreement of this nature – you can therefore make more or less the deal you choose. By effecting a slight alteration the document can be used for a limited company also. There are a very large number of variables and you can choose to settle your agreement to strongly favor one side without reducing the precision of the agreement.
This loan agreement is suitable for a person or company lending or borrowing money irrespective of any business they are in. It is not suitable for loaning to consumers because it has not been drawn under the Consumer Credit Act 1974 or any further amendments to that Act. For other loan agreements, see the links at the end of this page.
Application
and features
Provides for alternative draw down arrangements and provision of information to the lender
Suitable for use in the UK , EU or abroad
Ready for adaptation to particular needs of either or both parties
Comprehensive provisions provide menu from which you can choose
Written in plain English!
Contents
Amount of loan and alternative draw down provisions
Repayment and interest payment arrangements
Extensive menu of Borrower’s warranties for you to choose
Provision of periodic information to lender
Provision for default situations
Other legal provisions to protect your interests.
Word
Count (approximate):
Document: 2700
words
Explanatory notes:
400
words
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.
