Money Lending Agreement * Money Borrow * Money Lender - Money Borrower * Loan Contract * Finance Contract * Bank Lender - Business Borrower
A Money Lending Agreement is an instrument used by a lender and borrower as a tool to form a contract and seal an agreement between them.
The lender is the person who lends the money to the person who receives it, called the borrower.
This agreement explains in detail the terms of the agreement between the parties, which includes the loan amount, payment amount, as well as payment schedules.
Both individuals and institutions, such as banks, can loan money and with different terms and conditions. Individuals can borrow money for reasons like personal, education, trip, business, and calamity or house renovation.
Businesses usually borrow money, too, and use them as an investment to grow their business.
However, it helps to know what some money lenders accept as collateral to secure their loans, such as automobiles, machinery and equipment,
and real estate. Collaterals are usually required when lenders want to be assured that they won’t lose their investment.
If a borrower agrees to pledge an asset as collateral, he is giving the lender the right to take action based on the terms of the agreement.
This Money Lending Agreement template is comprehensive and easy to use. This template help users to quickly generate a complete and well-explained agreement that will save both lender and borrower time, effort, and resources, especially for people and companies that are in the money lending business.
This template can easily be customized and you can control or modify its contents through Microsoft WORD.
* 2 page Template * A4 size
* Editable in WORD
* Change Content and Details. .
* Save and print
* Use the same template again and again.
The purchase of a template is for ONE-TIME USE ONLY. You can edit, save and download your template unlimited times for editing and proofing purposes only.
This is a customizable, editable template in Microsoft WORD. You can adding your own conditions and rule where applicable.
Simple and easy to edit and use!
Please contact if you have any questions.
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