Loan Agreement
A loan agreement governed by the law of England and Wales, for loans between individuals or businesses. Sets the amount, interest (none, fixed, or a stated APR), repayment (lump sum, instalments, or on demand), early repayment, default and demand, optional security or guarantor, and includes a note on the Consumer Credit Act where a business lends to an individual.
Read the how-to guide →Document preview
What you'll be asked
01Parties
Lender name · Lender address · The lender is · Borrower name · Borrower address · The borrower is
02Loan
Loan amount (GBP) · Amount in words · Date the loan is advanced · Purpose of the loan (optional) · Interest · Annual interest rate (%)
03Repayment
Repayment · Repayment date · Monthly instalment (GBP) · First instalment date · Final instalment / longstop date · Early repayment
04Default, Security & Legal
Charge default interest on overdue amounts? · Default interest rate (% per year) · Make the whole loan repayable on default? · Security · Asset given as security · Guarantor name and address
Frequently asked questions
Is this Loan Agreement valid under UK law?
Yes. This document is drafted for UK law and adapts to your situation from your answers. It is still a template — for anything high-stakes, have it checked by a qualified professional.
Do I need a lawyer or an account?
No. Answer 24 guided questions, pay once, and download instantly. No account, no subscription.
How long does it take?
About 5 minutes. The questionnaire has 24 questions and the document is assembled as you go.
What formats do I get?
PDF and Word (.docx), downloadable immediately after payment.
Can I edit it afterwards?
Yes. The Word file is fully editable, and you can re-run the questionnaire to generate a new version.