The LVDox™ Free Loan Agreement is a short form loan agreement. It assumes that:
- there is a single borrower (either a company or an individual) and a single lender (either a company or an individual);
- the lender is not committed to provide the loan;
- the loan is unsecured; and
- the borrower must repay the loan on a fixed repayment date or, if the agreement provides, on demand.
If you require a secured loan agreement, or have more than one lender or borrower involved in the deal, you should contact our banking and finance lawyers to discuss your specific circumstances.