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Secured loan agreement
Free guidance notes Format available:
Word count: 2180

Secured loan agreement

Comprehensive loan agreement to settle terms relating to repayment of a loan. The loan can be secured by anything you choose.

Price £24.00
Plus VAT £4.80
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About this document

This is a secured loan agreement. The most common securities are stocks and shares. It is common also to use a guarantor as security. We have drawn documents for these specific situations which are linked right. If your situation requires a loan secured on anything else, including land, use this document.

This agreement comes with two supplementary schedules, which ensure the practicalities of the loan are provided for. They address, for example, exactly what repayments shall be made, how and when.

This document is suitable for use in any country which uses the common law system.

Application and features

  • Alternative draw down arrangements;
  • Ready for adaptation to particular needs of either or both parties;
  • Comprehensive provisions provide ideas;
  • Real law in simple English;
  • Flexible: can be secured on anything you agree, including land and real property.

Contents

  • Structure of the agreement;
  • Alternative draw down arrangements;
  • Essential information for the lender;
  • Repayment: how, when and by whom;
  • Interest payment arrangements: how, when and by whom
  • Method of payment;
  • Provision for default situations;
  • Borrower’s warranties;
  • Extensive notes to guide you;
  • Other legal provisions to protect your interests.

Draftsman

This document is drawn and maintained by qualified lawyers at Net Lawman. It is real law in plain English.

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Secured loan agreement £24.00
 
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Reasons to buy from Net Lawman

Guaranteed to be the right document

This document comes with a full money back guarantee. You take no risk that it might not be right for your situation. Once you buy it, we’ll give you 30 days to evaluate it in any way you want. If for any reason it's not right, just e-mail us and we’ll refund your money in full immediately. Read more about our guarantee policy.

Real law

Every document is drawn by an experienced, qualified lawyer and reviewed by another - just as in any law practice. We incorporate changes to the law quickly so that our documents are up to date. Read more about how we draw our documents.

Real world experience added

As much as possible, our documents and guidance notes incorporate practical angles that only lawyers with commercial experience could include. Our drafting team have not just many years experience advising clients in practice, but also have the experience owning and managing businesses in a wide variety of industries. Our documents aim to give you an edge as well as achieving a legal outcome. Read more about the Net Lawman team.

Plain language

We write our documents in language that everyone (and not just lawyers) can understand. Not only does this make your task of editing the document easier, but it also decreases the likelihood of another party breaking or disputing the agreement on the grounds of not having understood the terms. Read more about why plain English is important in legal documents.

Easy to use, even if you have no legal knowledge

Many of our customers are lawyers, but our documents don't require you to be one. Wherever it may be needed, our guidance notes explain the purpose of each paragraph, whether we recommend changing it, and what you might like to consider before you do so.

Our view is that, when editing our documents, you shouldn't have to worry about how to add legal wording. So our documents consider a far greater range of issues than our average customer will need, and because we avoid cross referencing paragraphs, we make it easy for you simply to delete what you don't need without affecting the rest of the document.

Support from lawyers if you need it

Our legal team is on hand to help customise a document in an unusual circumstances, or even to draft a document from scratch. Read more about our contract drafting service.

Buy once and reuse

When you buy a document from us, we grant you a licence to use it again. Keep the master copy safe and create new child documents from it whenever you need them. This applies to lawyers in practice as well as individuals and businesses.

Document download and delivery

Immediately after payment, you can download your document from our website. We also deliver immediately by email, but delivery is out of our hands and may take a few minutes.

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Contact us about this document

If you have any questions about this document that we don't answer in the text above, please contact us and let us know how we can help. We aim to reply within 24 hours.

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