Business Loan Agreement Template – Australia

The Business Loan Agreement Template – Australia is offered in multiple formats including PDF, Word, and Google Docs. These templates are both customizable and ready for print, allowing you to use them effortlessly for your business needs.


Sample

Business Loan Agreement Template – Australia

Editable | Printable



1. Parties Involved



2. Loan Amount
AUD

3. Purpose of the Loan

4. Interest Rate
% per annum

5. Loan Duration

6. Repayment Schedule

7. Collateral (if any)

8. Default Conditions

9. Governing Law

10. Signatures and Acceptance




PDF


WORD

Examples


Business Loan Agreement Template – Australia (1)
Between:
[Lender’s Name]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
And:
[Borrower’s Name]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
Introduction:
This Business Loan Agreement (“Agreement”) outlines the terms and conditions under which [Lender’s Name] will provide a loan to [Borrower’s Name], effective as of [Start Date].
Clause 1: Loan Amount
The Lender agrees to loan the Borrower a total amount of [Loan Amount] for business purposes.
Clause 2: Interest Rate
The loan will bear an interest rate of [Percentage]% per annum, calculated on the outstanding principal balance.
Clause 3: Repayment Terms
The Borrower agrees to repay the loan amount along with accrued interest in [Number] installments due on [Due Date(s)].
Clause 4: Use of Funds
The Borrower agrees to use the loan funds solely for [specific business purpose] and shall provide updates on the use of the funds upon request.
Clause 5: Default
In the event of default, the Lender may declare the entire amount outstanding to be immediately due and payable, and pursue any legal remedies available under this Agreement.
Clause 6: Governing Law
This Agreement shall be governed by the laws of Australia.
Signed in [City], [Date].
Sincerely,
[Lender’s Signature]
[Lender’s Name]
[Borrower’s Signature]
[Borrower’s Name]
Business Loan Agreement Template – Australia (2)
Between:
[Lender’s Name]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
And:
[Borrower’s Name]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
Introduction:
This Business Loan Agreement (“Agreement”) provides the terms and conditions for the loan of [Loan Amount] from [Lender’s Name] to [Borrower’s Name], commencing on [Start Date].
Clause 1: Loan Purpose
The loan is intended to be used for [details of use], which must be communicated to the Lender.
Clause 2: Interest Calculation
Interest on the outstanding loan amount will be calculated on a [monthly/quarterly] basis and will be compounded accordingly.
Clause 3: Payment Schedule
Repayment of the total loan amount and any accrued interest is to be made in [Number] installments, with the first payment due on [First Payment Date].
Clause 4: Prepayment
The Borrower may prepay the loan in full or in part without penalty, provided that written notice is given to the Lender at least [Notice Period] in advance.
Clause 5: Collateral
The Borrower agrees to provide [Description of Collateral] as security for the loan, which may be forfeited in case of default.
Clause 6: Governing Law
This Agreement shall be governed and construed in accordance with the laws of Australia.
Signed in [City], [Date].
Sincerely,
[Lender’s Signature]
[Lender’s Name]
[Borrower’s Signature]
[Borrower’s Name]

Printable




Business Loan Agreement Template - Australia