Financial
Business Loan Agreement
Commercial lending contract between borrower and lender, establishing loan amount, interest rates, repayment terms, collateral requirements, and default procedures for business financing arrangements.
Key Clauses
1
Whereas
Provides background context for the business loan arrangement and establishes the lending relationship.
2
Signatures In Witness Whereof
Defines signatures in witness whereof terms and conditions.
Use This Template
When You Need This
- Securing working capital or expansion funding for business operations and growth
- Formalizing lending arrangement with banks, credit unions, or private lenders
- Establishing clear repayment terms and interest rates for business borrowing
- Documenting collateral and personal guarantees required for commercial loan approval