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Loan Agreement

A Loan Agreement sets out the terms of a loan between individuals, corporations, or between an individual and corporation.

When a business or company is either starting up or wishes to expand, it likely requires additional money or capital. Additional funds can be obtained from either a bank or a third party willing to loan the money to the business. Where money is loaned to a business, the lender will want to have the borrower sign a loan agreement that details certain key issues regarding the loan.

In other cases, an individual may want to lend money to another individual for personal reasons (eg. to help a person buy a car or pay for university).

Key issues to be included in a loan agreement include:


Download: Loan Agreement

Available from: LawDepot.com

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