July 14, 2023 What Does the Term ‘Covenant’ Mean in My Loan Agreement? Generally speaking, a ‘covenant’ is a formal agreement or promise to do or not do...
December 20, 2021 4 Things To Consider Before Signing a General Security Agreement One security document almost all lenders require a business to sign before providing a loan...
August 4, 2021 What is the Difference Between a Loan and a Gift? It is quite common for friends and family members to lend or gift each other...
October 19, 2022 What Is a Pari Passu Clause in a Loan Agreement? Understanding all the terms of a contract is vital to ensure you can comply with...
November 17, 2020 What Is a Loan Agreement? A loan agreement is an agreement where one person (the lender) agrees to provide a...
November 17, 2020 Key Terms To Include in a Loan Agreement A loan agreement can be a complex document, but it reduces the risk involved when loaning...
February 17, 2020 What Is a Promissory Note and When Is It Appropriate? A promissory note allows one person (‘the issuer’) to promise, in writing, to pay an...
September 7, 2023 Dividends, Division 7A and Shareholder Benefits: What You Need to Know One of the most common ways a private company can distribute excess profits is by...
July 4, 2018 What is a Loan Amendment? The lifespan of a loan agreement can range from several months to 40 years. During...
November 1, 2022 8 Key Terms to Consider When Reviewing a Loan Agreement A loan agreement (also known as a facility agreement) can be a complex document. Before...
