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Loan Agreement Template Company to Company No Security No Guarantor

KShs 3,500.00

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A Loan Agreement is an agreement between a lender and a borrower detailing the terms and conditions of the loan. A friendly loan agreement is usually made between friends, family or acquaintances. In most friendly loan agreements and depending on the relationship and agreement between the parties, interest is not applicable nor is there a requirement for security or guarantee.

This is a standard loan agreement to be used in case of a friendly loan. The Agreement provides a good guide and has explanatory notes on what to do when you are acting for a lender or a borrower.

  • Document template

  • Emailed to you instantly

  • Suitable for startups and small-to-medium businesses

  • Editable Word Document for you to modify

  • Guidance notes included

  • Document drafted by a lawyer

  • Up to five business day turnaround

  • Complimentary consultation with a lawyer to discuss changes and answer questions

  • Fully personalised for your business and industry

Table of Content:

TABLE OF CONTENTS

  1. Definition and Interpretation. 1
  2. Friendly Loan. 2
  3. Purpose of the Loan. 3
  4. Repayment. 3
  5. Payments. 3
  6. Interest. 4
  7. Representations and Warranties. 4
  8. Covenants. 5
  9. Events of Default. 6
  10. [Force Majeure. 7
  11. Termination of Agreement. 8
  12. Dispute Resolution. 8
  13. Notices. 9
  14. Severability. 10
  15. Entire agreement. 10
  16. Confidentiality. 10
  17. Waiver and Amendments. 10
  18. General. 10
  19. Costs. 11
  20. Governing Law.. 11

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