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Simple Loan Agreement

A legally binding yet simple loan agreement which is less formal

Document: Simple Loan Agreement

Document code: LO15

Document format(s):
Simple Loan Agreement in Microsoft Word Document MS Word

£13.99

Available for instant download Available in multiple formats
Customisable documents Saves both time & money
 
A Simple Loan Agreement is a contract entered into between a Lender and a Borrower, stipulating the terms and conditions of the loan.

What is a Simple Loan Agreement?
A Simple Loan Agreement is fairly informal and relaxed between the parties, yet at the same time provides the Lender with sufficient legal protection should the Borrower default in terms of their agreement.

Who is it suited to?
This agreement is suited to individuals lending money in an informal manner with or without interest, also known as a personal loan where the loan is not backed by any form of collateral and the Lender has no entitlement to any of the Borrower's assets in the event of the Borrower failing to repay the loan.


The Simple Loan Agreement is available to download instantly in the following formats:


Microsoft Word Document Microsoft Word document

 
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Legal Documents for
England & Wales
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Solicitor drafted
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Written in plain English
Explanatory notes
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