Products tagged with 'united kingdom promissory note'

If you are loaning money to a person or company in the UK, secure repayment of the loan with this Promissory Note and Guarantee.

• The borrower agrees to repay the loan with interest calculated monthly on the unpaid balance.
• The borrower may prepay the balance at any time without penalty.
• The Note includes a guarantee of payment of the Note by a guarantor.
• Available in MS Word format.
• Intended to be used only in the United Kingdom.

Document a loan transaction in the United Kingdom with this Loan Agreement and Note template.

Interest and Penalty

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 with the borrower.

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.

Default

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.

Format and Legal Jurisdiction

The Loan Agreement and Note template is available in MS Word format. It is fully customisable and can be re-used as often as required.

This legal document is governed by English law and is intended to be used only in the United Kingdom.