LOAN AGREEMENT TEMPLATE (2020)
I've Made It So Simple, You Can Write Your Own Loan Agreement
Just fill-in the blanks, Print and Save $100's in legal fees
Australian Loan Agreement Lawyer
Mr Shanti Rubens
I've created this Loan Agreement Template so you can prepare a binding loan contract in Australia without spending thousands of dollars on a lawyer.
The Loan Agreement Template is professionally drafted and easy to use. It's based on my real world experience over the past 20 years, advising leading Australian businesses and law firms like these ....
You can contact me if you have questions or want professional assistance customising the Loan Agreement to suit your business.
With our downloadable Loan Agreement, you can get your loan in black & white instantly.
The Legal Zebra Template guides you through the process, so you can confidently secure repayment of your loan with a formal, yet easy to follow, Agreement.
You'll avoid "legal overwhelm" and lawyer's fees and you'll sure-up the loan with a binding Agreement in place.
YOUR LOAN AGREEMENT IN BLACK & WHITE
WHY YOU NEED A LOAN AGREEMENT
Whenever you lend money, you should put a loan agreement in black & white and ask the borrower to sign it. It will help you get repaid.
Likewise, if you’re asking for a loan, you can offer to sign a Loan Agreement to help the lender feel secure about advancing you money.
WHEN TO USE THIS LOAN AGREEMENT
This Loan Agreement Template is intended for a business loan or a basic loan between family and friends.
You can use Legal Zebra's downloadable Template to put a basic legally binding Loan Agreement in place, instantly.
The Legal Zebra Loan Agreement Template is up to date and suitable for use in all States and Territories of Australia including NSW, VIC, ACT, WA, SA, NT, Tasmania and Queensland. Many people outside Australia also use this document because it's so easy to use.
If your loan arrangements are complicated, or the transaction has substantial value, you should seek personalised advice from a lawyer and accountant.
Here are some examples of when to use our Loan Agreement Template...
Example: Loan agreement between friends
A friend has asked to borrow some money. I want to put a basic loan contract in place.
I am lending money to my son to help him buy a house. I want to make sure he pays it back.
Example: Company loan and personal guarantee
I am lending money to a company but I’m worried they might go broke. The directors have promised me they’ll repay the loan anyway.
Being a solicitor originally, I can appreciate it when documents are clear and user friendly, especially very important, complex legal agreements.
This is a very well thought out agreement and, like all of Legal Zebra’s documents, it's great for everyday people and the legally trained alike.
DOWNLOAD FREE SAMPLE LOAN AGREEMENT
WHAT'S COVERED IN THIS LOAN AGREEMENT TEMPLATE
Legal Zebra's Australian Loan Agreement Template includes these important provisions...
You can specify the principal amount of the loan and the loan date when it is to be advanced.
State the basic interest rate on the loan and the frequency of payments (e.g. quarterly). You can also set a higher default interest rate which applies if the borrower doesn't pay on time.
Include the repayment date(s) when the borrower must repay the loan.
Provision for a guarantor to repay the loan in case the borrower defaults.
You can tick a box in the Loan Agreement to say whether the borrower can repay the loan early (and avoid more interest payments) or not.
You can add to or vary the standard Agreement Terms with your own special conditions or changes to the agreement.
Easy to follow tips and examples to help complete your Loan Agreement Template with confidence.
DOWNLOAD YOUR LOAN AGREEMENT TEMPLATE
YOU'LL GET EVERYTHING YOU NEED:
Loan Agreement in Word Format
Plus bonus Interactive PDF Loan Agreement
Tips, Instructions & Examples
60 Day Money Back Guarantee
Submit your review
Document was easy to use, though may still need some advice for people without legal background, in which Shanti has managed to fill in the gap
Great service, thanks. Saved us a lot of money.
A great template at a great price. Thanks! I just needed a simple document for a family loan agreement and this got the job done quickly.
Great Barry, I am glad Legal Zebra was able to help you with a template for your Loan Agreement.
Just what I was looking for, thanks. And, reasonably priced too. I wont tell you what our lawyer quoted for a loan contract!
This document was perfect for what we needed. We were able to tailor the agreement and take out the guarantee clauses plus add some special terms. Everything was easy to understand and the Legal Zebra lawyer answered some questions for us.
Thanks Ian. Happy to help with you Loan Agreement.
Shanti helped explain about the personal guarantee. I recommend his advice.
Thanks, good template. Very easy to use.
Excellent value and quick. We got a shareholder loan arrangement happening the same day without having to see a lawyer.
I tried a bunch of other online legal sites and finally settled on Legal Zebra because the layout is beautiful and the documents are simple and easy to understand. I got the Loan Agreement Template and will be back for other soon too.!
The Legal Zebra loan agreement is simple, fast and easy to complete. I highly recommend legal Zebra and all of their great legal documents. Save time and money, use Legal Zebra!