Loan Agreement

Document Sample
Loan Agreement Powered By Docstoc
					LOAN AGREEMENT THIS AGREEMENT is made on the [DAY] of [MONTH] [YEAR] between: [NAME OF PARTY 1 (BORROWER)] residing at [ADDRESS 1] hereinafter referred to as "the Borrower”; and [NAME OF PARTY 2 (LENDER)] residing at [ADDRESS 2] hereinafter referred to as "the Lender", and together with Borrower the “Parties.” IN CONSIDERATION of the advancement of funds under the terms and conditions of this Agreement and other good and valuable consideration, the Parties agree as follows:

On the execution of this agreement the Lender agrees to lend to the Borrower the sum of [AMOUNT] ("the Loan") on the terms and conditions set out in this agreement. Interest on the Loan shall be calculated at a monthly rate of one twelfth of a nominal annual rate, the nominal annual rate being [PER CENT] per cent per annum and shall be charged on the balance of the Loan outstanding on a monthly basis. Said interest shall be payable by the
				
DOCUMENT INFO
Description: A loan agreement is a contract between a borrower and a lender, outlining the terms of a loan and its repayment. Specify your own loan amounts and interest rates.
BUY THIS DOCUMENT NOW PRICE: $19 100% MONEY BACK GUARANTEED
PARTNER Prestige Legal Documents Legal Templates and Documents
With more than 25 years of experience in domestic and international arena, Prestige Legal Documents team of lawyers work across practices and jurisdictions to provide the highest quality legal documents, bringing their collective experience to bear on the issues that customer’s face. You'll find the depth and breadth of experience to address virtually any legal services need. Their dedication and shared values make for a powerful team. Our team of lawyer’s principal goals is to provide the highest quality legal services available anywhere; to be an instrumental part of each customer’s success.