Promissory Note with Guarantee | UK

If you are loaning money to a person or company in the UK, secure repayment of the loan with this Promissory Note and Guarantee.

  • The borrower agrees to repay the loan with interest calculated monthly on the unpaid balance.
  • The borrower may prepay the balance at any time without penalty.
  • The Note includes a guarantee of payment of the Note by a guarantor.
  • Available in MS Word format.
  • Intended to be used only in the United Kingdom.
Document Type: Microsoft Word
Last Updated: 13-September-2022
SKU: 3907
$2.99
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Loan Agreement and Note | UK

Document a loan transaction with this Loan Agreement and Note template for UK lenders.

  • The Agreement contains alternative interest clauses, for either a fixed interest rate or for an interest-free loan, depending on the terms you have agreed upon.
  • The Note can be paid in whole or in part without interest or penalty, except that any partial payments must be for at least a specified minimum amount.
  • The loan becomes immediately due and payable upon any default by the borrower.
  • The lender has the right to demand full repayment at any time upon proper written notice.
  • Available in MS Word format.
  • This agreement is governed by English law and is intended to be used only in the United Kingdom.
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UK Agreement to Compromise Debt

If a customer owes you money and you are willing to accept payment of a lesser sum in order to settle the debt, you can sign this Agreement to Compromise Debt with the customer.

  • The creditor agrees to accept the lesser sum from the debtor as payment in full.
  • The agreement is conditioned upon the provision that the sum must be paid within a specified time period.
  • If the customer fails to do so, the creditor will have the right to sue the debtor for the full amount of the debt.
  • The agreement is governed by English law and can be used throughout the United Kingdom.

If your business extends credit to customers, you should have a copy of the UK Agreement to Compromise Debt. Download yours now.

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