The Business Loan Agreement Template UK is offered in multiple formats, including PDF, Word, and Google Docs, featuring customizable and printable examples.
Business Loan Agreement Template UK Editable – PrintableSample
Business Loan Agreement Template UK 1. Borrower Information 2. Lender Information 3. Agreement Details 4. Purpose of Loan 5. Repayment Schedule 6. Borrower’s Responsibilities 7. Lender’s Responsibilities 8. Default Conditions 9. Security and Guarantees 10. Governing Law 11. Signatures and Agreement 12. Declaration and Signatures
PDF
WORD
Examples
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
This agreement sets forth the terms and conditions under which the Lender agrees to provide a loan to the Borrower for business purposes, commencing on [Start Date].
The Lender agrees to loan the Borrower a total amount of [Loan Amount] which the Borrower will utilize for [Purpose of Loan, e.g., business expansion, equipment purchase].
The interest on the unpaid principal balance shall accrue at a rate of [Interest Rate] per annum, calculated monthly.
The Borrower agrees to repay the loan in [Number of Payments] installments, with each payment due on [Payment Due Date].
The Borrower may prepay the whole or any part of the loan at any time without penalty.
In the event of default, which includes failure to make a payment within [Grace Period], the Lender reserves the right to charge additional fees and take necessary legal action.
This agreement shall be governed by the laws of [Jurisdiction, e.g., England and Wales].
[Signature of the Borrower]
[Name of the Borrower]
[Signature of the Lender]
[Name of the Lender]
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
This agreement outlines the borrowing terms, including the loan amount, interest, and repayment schedule, commencing on [Start Date], to facilitate the Borrower’s business operations.
The Borrower agrees to use the funds exclusively for [Specific Business Purpose, e.g., purchasing inventory, capital improvements].
The Lender will disburse a total loan amount of [Loan Amount] to the Borrower’s designated business bank account on [Disbursement Date].
Repayment shall be made in [Number of Payments] equal monthly installments, starting on [First Payment Date].
If any payment is not received within [Late Payment Period], the Borrower agrees to pay a late fee of [Late Fee Amount].
The Borrower represents that the loan will not be used for any illegal or speculative purpose and has provided true and accurate financial statements to the Lender.
Any amendments to this agreement must be in writing and signed by both parties.
[Signature of the Borrower]
[Name of the Borrower]
[Signature of the Lender]
[Name of the Lender]
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