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Loan Agreement

Template for documenting a loan, including principal, repayment schedule, interest, security, and default terms.

Finance

This Loan Agreement (the "Agreement") is entered into on [Date] (the "Effective Date").

1. Parties

Lender

  • Full legal name: [Company name]
  • Registered address: [Address]
  • CVR/ID No. / CPR No.: [CVR]

Borrower

  • Full legal name: [Company name]
  • Registered address: [Address]
  • CVR/ID No. / CPR No.: [CVR]

The Lender and the Borrower are each a "Party" and together the "Parties".

2. Loan Amount

2.1 Principal

The Lender agrees to lend the Borrower the principal amount of [Number] [Currency] (the "Loan Amount").

2.2 Disbursement

The Loan Amount shall be transferred to the Borrower on or before [Date] to the account designated by the Borrower.

3. Purpose of the Loan (Optional)

The Loan shall be used for [Purpose]. The Borrower shall not use the Loan for unlawful purposes.

4. Interest

4.1 Interest Rate

The Loan shall bear interest at:

  • [Number]% per annum, or
  • [Number]%, or
  • Interest-free (if applicable)

4.2 Accrual

Interest shall accrue from the date of disbursement until full repayment.

4.3 Payment of Interest

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