Legal Forms
Business Loan Agreement (Small Business)
1. Parties
This Business Loan Agreement is made on , 20, between ("Lender") and ("Borrower").
2. Loan Terms
Principal ($)
Interest Rate (%)
Term (mo)
Payment ($/mo)
3. Purpose & Repayment
Borrower will use the loan for and repay it in installments beginning , 20.
4. Borrower Agrees
Make payments on the dates due
Pay a late fee of ____ % on overdue amounts
May prepay without penalty
Default allows Lender to demand full balance
5. Additional Terms
Collateral & Additional Provisions
Confidential ยท Legal FormsBusiness Loan Agreement (Small Business)