Loan agreement

Person to person; secured by guarantee
11 reviews
€29.00
drsWe can check your edited document. Find out more
An agreement between a human individual lender and borrower. The loan is secured with a guarantee by a third party, who may be a friend, relative or business partner. It is likely to be used for family and friends loan arrangements as well as arms length business deals. Strong provisions to protect the lender. Options for alternative repayment provisions and lender actions if borrower defaults.
Compliant
Compliant with the latest law
Document propertied
Document properties
  • Length:9 pages (2100 words)
  • Available in:
    MsWordMicrosoft Word DOCXApple pagesApple PagesRTFRTF
Guaranteed
Backed by our watertight guarantee

If the document isn’t right for your circumstances for any reason, just tell us and we’ll refund you in full immediately.

Edit Document
Written in plain English

We avoid legal terminology unless necessary. Plain English makes our documents easy to understand, easy to edit and more likely to be accepted.

Notes
Guidance notes included

You don’t need legal knowledge to use our documents. We explain what to edit and how in the guidance notes included at the end of the document.

Email
Support from our legal team

We offer free support by email in respect of editing the document. You can also use our Document Review Service if you want to our legal team to check that the document will do as you intend.

Update
Up to date with the latest law

Our documents comply with the latest relevant law. Our lawyers regularly review how new law affects each document in our library.

How our service works
Writing
Edit Your Document
Download your document & complete it at your own pace. Our guidance notes explain what to consider and how to edit.
Investigation
Upload for Legal Review
Let our legal team check that the document does what you intend.
Printing
Print, Date & Sign
Signing the document makes it legally binding.

About this loan agreement

This lawyer drawn agreement covers many critical corners of the law relating to loan agreements. It has been drawn to protect the Lender strongly. It provides for a guarantor but the option can be deleted if not required. We strongly advise a lender to insist on a guarantor.

There is no provision for a company lender or borrower in this agreement, nor for additional security. If those are required, see the selection at Loan agreement templates.

This is a simple but flexible agreement providing all the commonly required options.

When to use this loan agreement

  • The lender and the borrower are two individuals
  • Suitable for personal loans to family and friends
  • Either or both parties may be in the Republic of Ireland or abroad
  • Flexible for loans of any size and repayment terms of any complexity

The law in this loan agreement

There is little statutory regulation relating to an agreement of this nature, so you can make more or less the deal you choose.

Alternatives to this loan agreement

Net Lawman offers a variety of documents. Choose the one which suit you best.

The documents are:

Contents of this loan agreement

The contents of the agreement include:

  • Structure of the loan;
  • Alternative draw down arrangements;
  • Provision of information to lender;
  • Repayment and interest payment arrangements;
  • Provision for default situations;
  • Guarantor liability
  • Borrower's warranties;
  • Other important legal points.
Reviews of this document
4.6 out of 5 stars
11 Reviews
5 star
(7)
4 star
(4)
3 star
(0)
2 star
(0)
1 star
(0)
Recent reviews
01 March 2023
The document template met our needs very well and the document review service was very prompt and thorough. Exactly what was needed. Thank you so much. I was being quoted over £2000 by a law firm to draw up the same agreement. I would highly recommend NetLawman to others.
Julie Galloway
Review of the United Kingdom version
14 August 2020
It was easy to use, arrived extremely quickly. I didn't use the checking service, but will the Company again if I need a legal document for a client.
Debbie Silvester
Review of the United Kingdom version
28 June 2018
Simple to read, understand and execute
Surinder Singh
Review of the Australian version
Read All Reviews
© 2000 - 2023 Net Lawman Limited.
All rights reserved