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.
This Loan Agreement and Note
template for the United Kingdom is fully editable to fit your specific circumstances.