Simple Loan Agreement

How do I write a private loan agreement? When setting up a simple Loan Agreement between a lender and borrower, make sure to cover all the important topics to prevent future issues.

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FORMAT
bizzlibrary template file type image

CATEGORY

DEPARTMENT
Accounting

LANGUAGE
English

TYPE & SIZE
.docx (0.02 MB)

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Overview

When setting up a simple Loan Agreement between a lender and borrower, make sure to cover all the important topics to prevent future issues.

How do I write a private loan agreement?

When signing a Loan Agreement, for example between the company and employee, it's important that all important articles are included and that is is accepted and signed between the two parties involved in into the transaction involving a Loan. This loan agreement document is ready-made and can be quickly signed by a Lender (the individual or company giving the loan) and a Borrower (the individual or company receiving the loan).

If you borrow money from an individual lender or a business and you want to document the terms and conditions of the loan in writing. The following articles are included in this Loan Agreement:

Parties
Payment
Interest
Prepayment
Remedies
Events of acceleration
Acceleration
Subordination
Waivers by borrower
Expenses
Governing law
Successors
Promissory note
Notice.

By using these articles, you are covered when making a loan agreement, which contains the consent of an employer to provide a loan. Download this Private Loan Agreement between the “Borrowing Employer” and the "Lender" (Employee) now.

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