Loan agreement forms between two partiesLoan Agreement • May 28th, 2021
Contract Type FiledMay 28th, 2021Government Registrations Get various licenses easy and quick Advice on registration requirements Preparation of application form Filing of forms Documented follow-up Expert support Each referred to as a “Party” and collectively as the “Parties”.This Loan Agreement, hereinafter referred to as “Agreement”, is entered into and made effectiveupon signature by both Parties. WHEREAS, the Lender agrees to lend to the Borrower [Insert Loan amount] and the Borrower owes the Lender [Insert Loan amount] (the "Loan") with interest on the unpaid Loan at the rate of [Insert rate of interest denoting a percentage] per annum, on [Insert date of which loan is being signed]; andWHEREAS, the Borrower and the Lender desire to enter into an agreement whereby the Borrower shall pay the Lender the sum of the Loan and interest on a payment plan according to the terms and conditions herein:NOW, THEREFORE, in consideration of the mutual covenants and promises made by the parties hereto, the Borrower and the Len