Common Contracts
2 similar Personal Loan Agreement contracts
Personal loan agreement letterPersonal Loan Agreement • July 4th, 2021
Requesting the withdrawal of funds for a loan is a matter that must be approached with care, whether you are appealing to a bank, a group of lenders or an individual. If you must request a loan for your business, you will need to prepare a business proposal, complete with a marketing plan and a description of collateral. This proposal must be accompanied by a well-written cover letter that briefly summarizes your situation and "sells" the idea of the loan to the recipient. Greet the recipient by name rather than using a generic salutation (i.e., "Dear Mr. Roberts" rather than "Dear Sir or Madam"). Write the introductory paragraph, which should explain why you are writing. Get to the subject right away; indicate that you are contacting the recipient to request a loan, and explain in one to two sentences who or what the loan is for and why it is needed. Write the body of the cover letter. Because this accompanies your proposal, it is ideal to keep your cover letter to one page; therefore
Personal loan agreement form pdfPersonal Loan Agreement • June 22nd, 2021
A loan agreement is a written agreement between a lender and a borrower. The borrower promises to pay back the loan in line with a repayment schedule (regular payments or a lump sum). As a lender, this document is very useful as it legally enforces the borrower to repay the loan. This loan agreement can be used for business, personal, real estate, and student loans. Table of Contents Extension (Loan) Agreement – Extends the maturity date of the loan. Download: Adobe PDF, MS Word (.docx), OpenDocument Family Loan Agreement – For the borrowing of money from one family member to another. Download: Adobe PDF, MS Word (.docx), OpenDocument I Owe You (IOU) – The acceptance and confirmation of money that has been borrowed from one (1) party to another. It does not commonly give details about how or when money will be paid back or list any interest rate, payment penalties, etc. Download: Adobe PDF Loan (Personal) Guarantee – If someone does not have sufficient credit to borrow money this form
