Loan Agreement Form - UK

LOAN AGREEMENT

THIS AGREEMENT is made on the [insert day] day of [insert month]

[insert year]

BETWEEN:

[Insert name and address of the organisation or individual lending the

money], ("the Lender")

AND

[Insert name and address of the organisation or individual borrowing the

money], ("the Borrower")

The principal amount of the Loan together with all interest due under this

Agreement shall be repaid in full by the close of business on [insert full

date].

3. Loan Repayment Schedule

3.1 The first repayment shall be made by the Borrower to the Lender on

[insert date] and subsequent payments will be made [insert time period,

for example, monthly or quarterly].

3.2 The first repayment amount shall be of [insert amount in words]

Pounds, £ [insert in numbers].

3.3 Subsequent repayment amounts shall be for the same amount,