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Company to Individual Loan Agreement — Word & PDF Template
Loan agreement for a company lending money to an individual, covering the loan amount, interest, repayment, deductions from salary, security and events of default.
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This Company to Individual Loan Agreement sets out the terms on which a company lends money to an individual in England and Wales — for example a loan to an employee or director. It records the amount, interest, repayment terms and the lender’s protections.
Who is this template for?
Suitable for employers making staff or director loans, and businesses lending to an individual, who want a clear written record of the arrangement, including any agreed deductions from salary.
What does the template include?
The agreement is organised into clearly numbered sections:
- Parties — the lending company and the borrower.
- Loan Details — the principal amount advanced.
- Purpose of Loan — how the loan may be used.
- Interest — the rate and how it applies.
- Repayment Terms — the repayment schedule.
- Late Payment — consequences of missed payments.
- Deductions from Salary or Other Payments — repayment by deduction.
- Security — any security for the loan.
- Events of Default — circumstances allowing recovery.
- Governing Law — England & Wales jurisdiction.
- Signatures — execution by the parties.
Easy to customise
The template works in Microsoft Word, Google Docs and LibreOffice. Fill in the highlighted fields, choose the options that apply and edit the clauses before signing.
Format and scope
Provided as an editable Word (.docx) file and a ready-to-print PDF in A4 size, drafted for use in England and Wales.
How to edit the template
- Download the DOCX file after purchase
- Open it in Word, Google Docs, LibreOffice or another DOCX editor
- Fill in the parties' details in the marked fields
- Edit the terms and text to match what has been agreed
- Print it for signing or send it digitally