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Protect yourself when you intend to lend money to or borrow money with this loan agreement. This straightforward loan contract contains everything needed to protect the borrower as well as the lender, ensuring that both comply with the law in the process. It covers repayment details, \302\223warranties\302\224 given by the borrower, obligations and restrictions on the borrower, as well as how to end the loan agreement.

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When to use this loan agreement

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Use this agreement when:

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What it covers

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This loan agreement covers:

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Further advice

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Ask a lawyer for:

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If you want to lend money to another person use a promissory note

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This loan agreement is governed by the law of England and Wales.

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" created_timestamp: "2016-10-07 08:56:54.0" modified_timestamp: "2016-10-07 08:56:54.0" active: true created_by: 102 modified_by: 102 dcm_id: 301 url_slug: "Loan-agreement" meta_description: "Prepare a loan agreement with step-by-step guidance from Rocket Lawyer. Protect yourself when your company intends to lend or borrow money from another company with this loan contract. Try this money lending agreement template for free.\r\n" time_to_complete: "20 minutes"

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Loan Agreement - Loan Contract - Loan Agreement Template

Overview of the Loan agreement

Protect yourself when you intend to lend money to or borrow money with this loan agreement. This straightforward loan contract contains everything needed to protect the borrower as well as the lender, ensuring that both comply with the law in the process. It covers repayment details, “warranties” given by the borrower, obligations and restrictions on the borrower, as well as how to end the loan agreement.

When to use this loan agreement

Use this agreement when:

  • you intend to lend money to either a company, partnership or LLP
  • your business intends to borrow money from another company, partnership or LLP

What it covers

This loan agreement covers:

  • the loan amount
  • the purpose of the loan
  • when and how the borrower can withdraw funds
  • when and how the loan will be repaid
  • interest payable
  • early repayment
  • whether the loan is secured or unsecured
  • assurances or “warranties” given by the borrower
  • obligations and restrictions on the borrower to help ensure the lender will be repaid
  • circumstances in which the lender can demand immediate repayment of the loan

Further advice

Ask a lawyer for:

  • for advice about whether the loan should be secured and the different types of security

If you want to lend money to another person use a promissory note

This loan agreement is governed by the law of England and Wales.

Sample Loan agreement

More than just a Loan agreement template, our step-by-step interview and guidance makes it easy to create your document.

Easily create online, download, print and sign your free Loan agreement in minutes.

This document is also sometimes called: Loan contract and Money lending agreement.