Generate a tailored loan agreement for England and Wales. Director loans, shareholder loans, connected-party loans. Section 455 aware, Companies Act 2006 compliant. From £4.99.
A Loan Agreement is the contract between a lender and a borrower that documents the terms of a loan — the amount lent, the interest rate (if any), the repayment schedule, and what happens if repayment is missed. For business-to-business and personal loans that fall outside FCA consumer credit regulation, a written loan agreement is the primary protection for both parties.
Whenever money is lent between businesses, or between individuals who are not using an FCA-authorised lender. Family and director loans to companies, inter-company loans, shareholder loans, and arms-length personal loans between individuals all benefit from a written agreement. Without one, the terms of repayment are unclear, interest entitlement is uncertain, and recovery in the event of default is harder.
Parties and the loan amount, interest rate and calculation method, drawdown mechanics, repayment schedule (lump sum or instalment), prepayment rights, events of default and acceleration, security or guarantee where applicable, governing law, and the standard commercial boilerplate of entire agreement, notices and severability.
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