Loan Agreement with Security

£23.99 Includes VAT

 
This Loan Agreement includes a detailed clause for an item or items to be provided by the borrower as security against the loan amount.

The loan agreement can be used where the lender and borrower are either businesses or individuals. The agreement details all the necessary clauses, such the loan APR and repayment procedure & schedule and the stated purpose of the loan. To provide further protection for the lender the agreement also ensures that where a business is borrowing the necessary internal procedures have also been followed. This loan agreement also specifies situations where the loan will be immediately repayable to the lender, for example, where the agreement is breached, the borrower has financial problems etc.

Clauses in this agreement:
 
  • Introduction
  • Loan Repayment Date
  • Loan Repayment Schedule
  • Early Repayment
  • Loan Purpose
  • Documentation
  • Loan Interest
  • Default Interest
  • Loan Payments Application
  • Loan Security
  • Representations & Warranties
  • Borrower's Undertakings
  • Immediate Repayment Due To Default
  • Fees & Expenses
  • Payment Methods & Procedures
  • Notices
  • Assignment
  • General
  • Jurisdiction
Reasons to buy:
 
If you are lending or borrowing money it is vital to have a comprehensive agreement in place.
 
Upgrade?

Business Legal Documents - CompactLaw Business Pack contains this loan agreement with security and more business documents.

  • Free technical support
  • Document format: Microsoft Word
  • Download from our site today

Press comments

"Obtaining even the most basic legal information from a solicitor can be expensive. Next time, before you make that call, have a look at CompactLaw.

It is quick to access and easy to navigate, and offers factsheets on legal processes, costs and issues."

The Guardian