TemplateSmall businesses·Small business contracts

Simple Loan Agreement

A short loan agreement for money lent between parties.

Sections covered

  • Loan terms
  • Default

Template preview

Loan terms

Lender: [name] Borrower: [name]
Amount: [amount] Interest: [rate] per year
Start date: [date] Repayment: [schedule]

Default

If a payment is missed by [days], the full balance may become due. Both parties keep a signed copy.

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