Sample Loan Agreement Template

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Loan Agreement Template

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Sample Loan Agreement Template (1)
Between:
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
And:
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
Introduction:
This Loan Agreement is entered into on [Date] for the purpose of establishing the terms under which the Lender will loan a specified amount of money to the Borrower.
Clause 1: Loan Amount
The Lender agrees to lend the Borrower the sum of [Amount] (the “Loan Amount”).
Clause 2: Interest Rate
The Loan Amount shall bear an interest rate of [Interest Rate] per annum, calculated annually.
Clause 3: Repayment Schedule
The Borrower agrees to repay the Loan Amount in [Number of Payments] installments of [Payment Amount], due on [Due Dates].
Clause 4: Late Payment Penalties
If the Borrower fails to make a payment by the due date, a late fee of [Late Fee Amount] will be applied.
Clause 5: Prepayment
The Borrower may prepay the Loan Amount in whole or in part without any penalty.
Clause 6: Default
In the event of default, the Lender may demand immediate repayment of the remaining balance of the Loan Amount plus accrued interest.
Clause 7: Governing Law
This Agreement shall be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Lender]
[Name of the Lender]
[Signature of the Borrower]
[Name of the Borrower]
Sample Loan Agreement Template (2)
Between:
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
And:
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
Introduction:
This Loan Agreement, effective as of [Date], outlines the terms and conditions under which the Lender shall provide a loan to the Borrower.
Clause 1: Principal Amount
The principal loan amount shall be [Amount].
Clause 2: Interest Payment
Interest shall be payable monthly at a rate of [Interest Rate] until the full Loan Amount is repaid.
Clause 3: Principal Repayment
The Borrower shall repay the Loan Amount in full by [Maturity Date].
Clause 4: Right to Transfer
The Lender may transfer this Agreement and the Loan to a third party without consent from the Borrower.
Clause 5: Representation and Warranties
The Borrower represents and warrants that they have the authority to enter into this Agreement.
Clause 6: Notices
Any notices under this Agreement shall be in writing and delivered to the addresses specified above.
Signed in [City], [Date].
Sincerely,
[Signature of the Lender]
[Name of the Lender]
[Signature of the Borrower]
[Name of the Borrower]

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Please complete the form below to create the Sample Loan Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Sample Loan Agreement Template

1. Lender Information


2. Borrower Information


3. Loan Details

%

4. Purpose of the Loan

5. Repayment Schedule

6. Default Terms

7. Collateral

8. Governing Law

9. Signatures and Acceptance

10. Declaration and Signatures



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Loan Agreement Template

Printable | Editable Form

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Sample Loan Agreement Template