A loan agreement is an agreement between two parties whereby one party (usually referred to as the ‘lender’) agrees to provide a loan to the other party (usually referred to as the ‘borrower’).

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About this Document

The LVDox™ Free Loan Agreement is a short form loan agreement. It assumes that there is a single borrower (which is either a company or an individual) and a single lender (which is 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.

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