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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.
$12.49
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.
$2.29