A Loan Agreement is entered between a borrower and a lender which regulates the mutual promises made by both parties. It is a legal document regulating the details of a loan or a loan facility, the rights, and obligations of both borrower and lender. It usually requires both parties to obtain independent financial and legal advice, and execute the document in the presence of an authorised witness.
Key terms include: method of payment, interest and events of default.
Our team has acted for individuals in relation to mortgages and personal loans. We have also represented companies – large and small.
By completing the form below, you can choose either a Loan Agreement or a Loan Facility Agreement. If you need any assistance, please feel free to contact our experienced commercial law team.