A Loan Agreement is a contractual agreement which sets out the terms on which money is lent and repaid. These terms will cover the length of term, interest rate, default interest, pre-payment, event of default clauses, repayment, restrictions and security provisions etc.
This Loan Agreement is also suitable for documenting loan arrangements with associates of your company for the the purposes of supporting a Research and Development Tax Incentive claim.
This document is only intended to provide a solid starting point. It should be carefully considered and tailored to meet your specific commercial requirements and circumstances. As with all mode.law legal documents, it is recommended you seek legal advice to ensure this legal document will work for your purposes. Start a Chat or Talk to a Lawyer if you have any queries about this document.