Loan Agreement

Our Loan Agreement drafting service is suitable for use in a wide range of lending situations. Each agreement will be tailored to meet the specific requirements of the loan facility in question and will clearly set out the rights and obligations of each party.

We have a wide range of experience of advising both lenders and borrowers, including individuals and corporate entities. We will work with you to ensure that the loan agreement (or facility agreement as it is often referred to) accurately reflects the terms of the loan.

This will include, among other things, details of draw down, interest, repayment, conditions precedent and subsequent and what happens in the event of default of the borrower.

As a borrower, you may be expected to provide security to the lender in respect of the loan and, as a lender, you may require security in order to obtain additional protection in the event of non-payment.

Common examples of security are:

• a mortgage over an asset of the borrower, such as a freehold property; and
• a fixed or floating charge over certain, or all, of the borrower’s assets (often set out in a Debenture).

Please contact us if you wish to discuss this is more detail.

What does our service include?

• Telephone Conference – to provide guidance and take detailed instructions.
• Loan / Facility Agreement – a comprehensive agreement tailored to your requirements.
• Guidance – written in plain English.