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Loan Agreement
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Loan Agreement
LOAN AGREEMENT
(Please answer the questions below)
Step
1
of
12
0%
User Information
Name
User's full name
Email
*
Phone Number
*
Please enter a number from
0
to
11
.
Section 1/11: PARTIES LENDER
i. Is the lender an:
*
Individual
Company
ii. Name of Lender
*
iii. Address of Lender (Registered address if a registered company)
*
iv. Occupation ( Nature of business if a company)
*
Section 2/11: BORROWER
i. Is the Borrower an:
*
Individual
Company
ii. Name of Borrower
*
iii. Address of Borrower (Registered address if a registered company)
*
iv. Occupation Borrower ( Nature of business if a company)
*
Section 3/11: FACILITY
Amount given as loan. (In words )
*
Amount given as loan.( in figures)
*
Section 4/11: PURPOSE
The loan is for;
*
The loan is for;
*
Personal use
Business finance
State the uses here
*
Section 5/11: TENOR/ DURATION
i. How long is the loan facility expected to last?
*
ii. Is there provision for a roll over? (i.e extension of the duration of the agreement)
*
Yes
No
iii. how long?
Section 6/11: SECURITY
Please state the collateral to be issued as security for the loan (if any).
Section 7/11: COVENANTS AND CONDITIONS
Please state in detail, the conditions which the borrower must fulfill before, during and after the duration of this agreement.
*
Section 8/11: PRICING AND INTERESTS
Will the refund be paid with interest?
*
Yes
No
Section 9/11: DEFAULT
Please list in detail, events under which the obligation of the lender to provide money under the agreement will be terminated automatically.
*
Section 10/11: GOVERNING LAW
Please state the law which you prefer to govern the transaction
Section 11/11: SIGNATURES, EXECUTION AND WITNESSES
i. Please state the full name of person signing on behalf of the Lender
ii. Designation of the person signing on behalf of the lender
iii. State the full names of the person signing as borrower
iv. How many witnesses do you intend to provide for the borrower and the lender
Preview your submissions
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