Document a loan transaction and ensure repayment of the loan amount with this
Loan Agreement and Note template for the United Kingdom.
- The Agreement contains alternative interest clauses, providing for either a fixed interest rate or no interest, at the lender's discretion.
- The Note can be paid in whole or in part without interest or penalty, except that any partial payments must be for at least a specified minimum amount.
- The loan becomes immediately due and payable upon any default by the borrower.
- The lender has the right to demand full repayment at any time upon proper written notice.
This
UK Loan Agreement and Note template is provided in MS Word format, and is fully editable to fit your specific circumstances.
