Looking for a sample Loan Agreement Template to download? See an example of what makes up the Loan Agreement Template below including what it is, common users & use-cases of the template, alternatives to this template and Loan Agreement Template software.
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Description:
The Loan Agreement Template is a document that outlines the terms and conditions of a loan between a lender and a borrower. It provides a legal framework for both parties to ensure that the loan is properly documented and all parties are aware of their rights and obligations.
Template Users:
This template is commonly used by individuals, businesses, and financial institutions that engage in lending or borrowing activities. It can be used by lenders who want to formalize their loan agreements and borrowers who want to ensure transparency and clarity in their loan transactions.
Use-Cases:
The Loan Agreement Template is used for various purposes, including personal loans, business loans, mortgage loans, student loans, and more. It helps define the loan amount, interest rate, repayment terms, collateral (if any), and any other specific conditions agreed upon by the lender and borrower.
Alternate Names:
This template may also be referred to as a Loan Contract Template, Loan Agreement Form, or Loan Agreement Document.
Alternatives:
Similar templates to the Loan Agreement Template include Promissory Note Templates and Loan Repayment Schedule Templates. While the Loan Agreement Template covers the overall terms and conditions of the loan, a Promissory Note Template focuses more on the borrower’s promise to repay the loan. A Loan Repayment Schedule Template, on the other hand, provides a detailed plan for loan repayment, including the amount and frequency of payments.
Software:
The Loan Agreement Template can be created in various software applications, including Microsoft Word, Google Docs, Adobe PDF, and other word processing or document creation tools. Additionally, it can be created in spreadsheet software like Microsoft Excel or Google Sheets to include calculations and repayment schedules. Online platforms like Notion and Airtable also offer customizable templates for creating loan agreements
We’ve brought together some of the best template builders in the world to help people like you get your template built. We’ve seen that using a solid set of templates in business will help you streamline your systems and processes. Whether you’d like your Loan Agreement Template built in Word, Google Docs, Excel, Google Sheets, Notion, Airtable, PowerPoint or other software, we’re here to help. Request your template and we’ll get your request in the hands of a Loan Agreement Template designer.
