The Lending Money To Friends Contract Template UK is offered in multiple formats including PDF, Word, and Google Docs, featuring customizable and printable versions.
Lending Money To Friends Contract Template UK Editable – PrintableSample
Lending Money To Friends Contract Template UK 1. Lender Information 2. Borrower Information 3. Loan Details 4. Purpose of the Loan 5. Repayment Terms 6. Default Clause 7. Governing Law 8. Confidentiality Agreement 9. Miscellaneous Provisions 10. Signatures and Acknowledgment 11. Declaration and Signatures
PDF
WORD
Examples
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
This agreement outlines the terms under which [Name of the Lender] lends money to [Name of the Borrower] in the amount of [Loan Amount], commencing on [Loan Date].
The total amount of the loan is [Loan Amount], which will be disbursed to the Borrower via [Payment Method].
The loan will incur an interest rate of [Interest Rate]% per annum, calculated monthly, unless otherwise agreed.
The Borrower agrees to repay the loan in installments of [Installment Amount] starting on [First Payment Date] and continuing until the loan is fully repaid on [Final Payment Date].
If any payment is not made within [Grace Period, e.g., 10 days] of its due date, the Borrower agrees to pay a late fee of [Late Fee Amount].
In the event of default, the Lender has the right to demand immediate repayment of the entire loan amount, along with any accrued interest and fees.
This agreement shall be governed by the laws of [Jurisdiction, e.g., England and Wales].
[Signature of the Lender]
[Name of the Lender]
[Signature of the Borrower]
[Name of the Borrower]
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
This contract sets out the terms for the lending of money from [Name of the Lender] to [Name of the Borrower], totaling [Loan Amount], effective as of [Loan Date].
The loan is provided for the purpose of [Specify Purpose, e.g., personal expenses, business investment, etc.].
The loan will be outstanding for a period of [Loan Duration, e.g., 6 months, 1 year], after which it must be repaid in full.
Repayments will be made through [Specify Payment Method, e.g., bank transfer, cash, etc.].
The Borrower may prepay the loan in whole or in part without penalty at any time.
In the event of legal action due to default, the Borrower agrees to pay for all legal fees incurred by the Lender.
Any waiver of the terms of this agreement must be made in writing and signed by both parties.
[Signature of the Lender]
[Name of the Lender]
[Signature of the Borrower]
[Name of the Borrower]
Printable
