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Loan Agreement

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

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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