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Simple Loan Agreement (Other Files)
PLDZ-75
About this item:
This Simple Loan Agreement is suitable for uncomplicated circumstances where a loan is being made to an individual by another individual, although it may also be used for a loan to a business by another business or individual. The agreement has the option to apply interest to the loan and if interest is to be charged, it is calculated at a monthly rate of one twelfth of a nominated annual rate. There are no provisions allowing an increase or decrease in payments in accordance with an increase or decrease in a published annual base rate. Repayment of the loan may be either on a monthly basis or on demand. The document is suitable for us in England, Wales and Scotland and allows you to provide details of: borrower lender amount of loan period of loan interest rate monthly repayments.

