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This Unsecured Loan Agreement Template assumes that a loan has already been made by a company (the Lender) to another company in its capacity as trustee of a Trust but there is no loan agreement in place to record the terms of the loan. If the loan is to be made simultaneously with the signing of the Unsecured Loan Agreement then do not use this document, use Unsecured Loan: Trust From A Company (new Loan).
This Unsecured Loan Agreement Template includes an optional provision for a Guarantor and also provides that the Lender may make further advances by way of loan/s.
This Unsecured Loan Agreement Template includes the following provisions:
1. Borrower's acknowledgement of the loan
2. Repayment of the loan
3. Early repayment
4. Interest payable
5. Default by Borrower
6. Whole agreement
7. Option to require security in future
8. Guarantee (optional)