Loan Agreement

Between [Lender's Name], hereinafter referred to as the "Lender," and [Borrower's Name],
hereinafter referred to as the "Borrower."
Effective Date: [Date]
1. Loan Amount
1.1 The Lender agrees to loan the Borrower the principal amount of [Loan Amount] in
[Currency].
2. Interest Rate
2.1 The Borrower agrees to pay interest on the loan at the rate of [Interest Rate] per
annum. Interest shall be calculated based on the outstanding principal balance.
3. Term of Loan
3.1 The loan term shall begin on the Effective Date and continue until the full repayment
of the loan, which is due on or before [Maturity Date].
4. Repayment
4.1 The Borrower agrees to repay the loan in [Specify frequency, e.g., monthly, quarterly,
annually] installments of [Installment Amount], commencing on [First Repayment Date].
4.2 The Borrower may make prepayments of the loan without penalty.
5. Security
5.1 The loan shall be secured by [Specify any collateral or security interest, if
applicable].
6. Default
6.1 In the event of default, the Borrower shall be liable for all costs and expenses
incurred by the Lender in enforcing this Agreement, including legal fees.
7. Governing Law
7.1 This Agreement shall be governed by and construed in accordance with the laws of
[Jurisdiction].
8. Entire Agreement
8.1 This Agreement represents the entire understanding between the parties concerning
the subject matter herein and supersedes all prior agreements, written or oral.
9. Amendment
9.1 This Agreement may only be amended in writing and signed by both parties.
IN WITNESS WHEREOF, the parties hereto have executed this Loan Agreement as of the
Effective Date.
[Lender's Name] [Signature of Lender] [Date]
[Borrower's Name] [Signature of Borrower] [Date]