Loan Agreement
If you run your own business and are looking to loan money to a subsidiary company or to one of the directors of your company, you may be confused over what exactly has to be done and how you can make sure everything is legal and above board. It is vital that you ensure that you do things by the book and do not leave yourself open to legal action or the ability for your debtor to avoid paying you back.
This loan agreement allows you to arrange the loan in an efficient and easy way. It ensures that there will be no problems throughout the loan and that the amount is agreed upon. What’s more, it’s drafted by legal professionals, easy to fill out and absolutely free to download.
Please note that this document is NOT to be used for lending to consumers, or for making any loans which could be interpreted as such. This kind of lending is regulated by the Consumer Credit Act and you will need a license in order to undertake it.
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Loan Agreement
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