On mobile, our contracts display better in landscape mode. Rotate your device for the best viewing experience.
← Return to Menu
💷

What type of loan is this?

Personal loans are between individuals, business loans involve companies

👤
Personal Loan
🏢
Business Loan
Tax Implications: Personal vs business loans have different tax treatment. Business loan interest is typically tax-deductible.
💼

Who is lending the money?

The lender's details

🤝

Who is borrowing the money?

The borrower's details

💰

How much is being borrowed?

And what will it be used for?

💡 Being specific about the loan purpose helps both parties understand the context and can be relevant for tax purposes.
📅

When is this agreement dated?

And when will the money be transferred?

📊

What interest rate applies?

Interest-free, fixed, or variable rate

0️⃣
Interest-Free
(0%)
📌
Fixed Rate
📈
Variable Rate
⚠️ Tax: Interest-free or below-market-rate loans between family may have tax implications. Lenders must declare interest income.

How long is the loan term?

The period over which the loan will be repaid

Common terms: Short-term (1-2 years), Medium-term (3-5 years), Long-term (5+ years)
📆

How will the loan be repaid?

Choose the repayment frequency

📅
Monthly
📊
Quarterly
📈
Annual
🎯
Bullet Payment
(all at end)
✏️
Custom

Can the borrower repay early?

Early repayment terms

Allowed
(no penalty)
💰
Allowed
(with penalty)
Not Allowed
🔒

Is this loan secured?

Secured loans have collateral as protection

📄
No (Unsecured)
🔐
Yes (Secured)
Legal Requirement: Secured loans require formal security documentation. For property, register with Land Registry. For business assets, register with Companies House.
🤝

Is a guarantor required?

A guarantor agrees to repay if the borrower defaults

No Guarantor
Guarantor Required
⚠️

What happens if payment is late?

Late payment penalties

No Penalty
⚖️
Statutory Interest
(8% + base rate)
💷
Fixed Late Fee
📊
Percentage of
Missed Payment
✏️
Custom Terms
📋

How many days before default?

Notice period before loan is in default

7️⃣
7 Days
1️⃣4️⃣
14 Days
3️⃣0️⃣
30 Days
✏️
Custom Period
UK law requires written notice before pursuing legal action. 14-30 days is common.
📝

Any special conditions?

Optional additional terms

⚖️

Which UK jurisdiction applies?

Governing law and dispute resolution

🏴󠁧󠁢󠁥󠁮󠁧󠁿
England
and Wales
🏴󠁧󠁢󠁳󠁣󠁴󠁿
Scotland
🇬🇧
Northern
Ireland
← Return to Menu

Your Agreement is Ready

Review your customized loan agreement below

Export to Word for bespoke situations where additional customization or manual editing is required beyond the standard template.

Instant Access

Unlock Your Agreement Now

Get instant access to both the Interview Version (this one) and the Editor Version in Word & PDF formats

Interview Version (Guided)
Editor Version (Manual)
Word & PDF Formats
Lifetime Free Updates
Print Unlimited Copies
30-day money-back guarantee*
£20
One-Time Payment
No subscriptions, ever

Lifetime Access • Editor & Interview formats • Lifetime updates • No subscription

30-Day Money-Back Guarantee

We stand behind every template we sell. If something's technically wrong, we'll make it right.

You're Covered If:

  • File is corrupted or won't open
  • Missing content described on product page
  • Technical errors prevent use as described
  • File format incompatibility that prevents editing

Why you probably won't need this: You can preview the full template with watermark before purchase – so you'll know exactly what you're getting.


Bought the Wrong Template?

Mistakes happen – we get it. Within 30 days, here's how we can help:

Template Swap: We'll cancel your original and issue a different template of equal or lesser value.

Store Credit: Full purchase amount to use on any template. Never expires.

Offered at our discretion for genuine mistakes – we reserve the right to decline repeat or unreasonable requests.


How to Request:

Email [email protected] within 30 days with your order number.

We aim to respond within 2 business days. Approved refunds processed within 5 business days.