Private loans often occur without any ties to a bank or credit union. So, even though private loans are less formal than those from official money lenders, it’s important to use a Loa… See more

State the name and address of both the borrower and lender, and specify whether they are an individual or a corporation. If needed, add the details of a co-signer as well. A co-s… See more

State the amount of money the lender will provide to the borrower. There’s no minimum or maximum amount. It’s up to the lender to decide how much they’re willing to le… See more

Our template allows you to write your own clause if you feel there’s anything missing from your Loan Agreement. For example, the lender may want to charge a fee if the borrower re… See more