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Document Id : 7163
File Type : Microsoft Word
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UK Loan Agreement and Note
Are you lending money to someone? Document the loan transaction with this UK Loan Agreement and Note template.
- The Agreement contains alternative interest clauses, for either a fixed interest rate or for an interest-free loan, depending on the terms you have agreed upon.
- The Note can be paid in whole or in part without interest or penalty, except that any partial payments must be for at least a specified minimum amount.
- The loan becomes immediately due and payable upon any default by the borrower.
- The lender has the right to demand full repayment at any time upon proper written notice.
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