Loan Agreement and Note | UK

Document a loan transaction with this Loan Agreement and Note template for UK lenders.

• 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.
• Available in MS Word format.
• This agreement is governed by English law and is intended to be used only in the United Kingdom.