Director’s Loan Agreement — Word & PDF Template

This director’s loan agreement template records a loan between a company and one of its directors, in either direction. It sets out the amount, interest, repayment terms and the director loan account treatment, helping owner-managed companies in England and Wales keep clean records and meet shareholder-approval and tax requirements.

Who is this template for?

It is intended for company directors lending to or borrowing from their company, owner-managed and family businesses, company secretaries and accountants documenting director loan accounts, and advisers preparing board and shareholder approvals.

What does the template include?

The agreement is organised into clear, ready-to-complete clauses:

• Parties — identifies the company and the director.
• Loan Details — the amount, drawdown and any facility terms.
• Purpose — what the loan is to be used for.
• Interest — the interest rate and how it is calculated.
• Repayment — the repayment schedule and method.
• Director Loan Account — recording the loan in the company’s accounts.
• Shareholder Approval — approval requirements under the Companies Act.
• Security — any security given for the loan.
• Events of Default — circumstances allowing early repayment.
• Governing Law — confirms England and Wales law applies.
• Entire Agreement — confirms the document is the complete record.
• Signatures — signing block for both parties.

Easy to customise

The template opens in Microsoft Word, Google Docs and LibreOffice. Fill in the highlighted fields, set the interest and repayment terms, tick the relevant options and edit any clause to match your arrangement.

Format and scope

Download instantly as an editable Word (.docx) file and a print-ready PDF, formatted to A4. Written in plain British English with light, general references to England and Wales company law and shareholder-approval requirements.