# Company Loan Agreement Template, Word and PDF Source: https://nerix.ai/templates/loan-agreement-between-companies Buy to download This page shows a preview. Buy the document on nerix.ai to download it as Word and PDF and print it. https://nerix.ai/templates/loan-agreement-between-companies # Loan agreement between companies One company lends money to another: amount, interest, repayment, security and what happens on default. Before you send it Lending between companies can bring tax, transfer pricing, interest rate, withholding tax and licensing rules, and loans between related companies are watched closely in many countries. Some places limit the interest that may be charged, or require lenders to be licensed. Have an accountant or lawyer check it. This is not legal advice. ## Fill it in and preview You are signed in. Fill it in your workspace and it is kept as a document you can send, share and have signed. [Open in your workspace](https://app.nerix.ai/documents/templates/loan-agreement-between-companies) **€9.99, pay once, Word and PDF** Included in every paid nerix plan. ### Loan agreement between companies This agreement is made on 20 June 2030 between **Northfield Holdings Ltd** of 12 Mill Road, Leeds, United Kingdom (the "Lender") and **Northfield Bakery Ltd** of 8 Dock Street, Leeds, United Kingdom (the "Borrower"), together the "Parties". ## 1. Meaning of words In this agreement: - **"Loan"** means the amount lent under section 2, or the amount of it that is still owed. - **"Payout Date"** means 1 July 2030 , or the later date on which the Lender actually pays out the Loan. - **"Final Repayment Date"** means 1 July 2035 . - **"Amounts Owed"** means the Loan, any interest, and every other amount the Borrower owes under this agreement. - **"Business Day"** means a day other than a Saturday, Sunday or public holiday in the place of the Lender. - **"Event of Default"** has the meaning in section 11. A reference to a section is to a section of this agreement. Headings are for convenience only. A reference to writing includes email. "Including" does not limit what comes before it. ## 2. The Loan and payout The Lender lends the Borrower **250,000 GBP**. All amounts in this agreement are in GBP , and all payments are made in that currency. The Lender will pay the Loan in one sum into the Borrower's bank account on the Payout Date, if the Lender has first received the following, in a form it accepts: - a copy of the Borrower's constitutional documents and a decision of its directors, and of its owners if its documents require it, approving this agreement; - the names of those who may sign for the Borrower, and their signatures; and - if section 12 applies, the security or guarantee documents, signed and in force. The Lender is not obliged to pay out the Loan if an Event of Default has occurred, or would occur because of the payout, or if a statement of the Borrower in section 8 is not true on that date. The Lender may waive any of these conditions in writing. If the Loan is not paid out within 30 days after the date in section 1 because of a failure by the Borrower, the Lender may, by written notice, cancel it. ## 3. Purpose The Borrower will use the Loan only for this purpose: To buy two ovens and fit out the second shop. The Lender is not responsible for how the Borrower uses the Loan, and a person who pays or lends to the Borrower does not have to check that it follows this section. ## 4. Interest Does the loan carry interest? The rate of interest is: 6 percent a year The Borrower will pay all interest when it pays each repayment under section 5. 5. Repayment 6. Early repayment 7. Costs and taxes ⁦2 / 6⁩ 8. Statements by the Borrower 9. Late payment 10. Promises by the Borrower ⁦3 / 6⁩ 11. Events of Default and acceleration 12. Security and guarantee 13. Set-off 2 more pages ⁦4 / 6⁩ The full document unlocks when you download The rest is written and waiting, with your answers in place. Templates are a careful starting point, not legal advice. Where the law matters, check what applies where you are. Company and legal ## What this template is for A loan agreement between companies. Set the amount, interest, repayment dates, security, default and early repayment. Fill it in, then Word or PDF. It is free to fill in online and needs no account. The finished Word document and PDF cost €9.99, paid once. [See all Company and legal templates](https://nerix.ai/templates/company-legal) Company and legal ## What you fill in The form asks for 22 details. The document fills itself in as you type. - ### Lender For example: Northfield Holdings Ltd - ### Lender's address For example: 12 Mill Road, Leeds, United Kingdom - ### Lender's bank account for repayments (optional) optional For example: Account name Northfield Holdings Ltd, IBAN GB29 NWBK 6016 1331 9268 19 - ### Borrower For example: Northfield Bakery Ltd - ### Borrower's address For example: 8 Dock Street, Leeds, United Kingdom - ### Currency For example: GBP - ### Loan amount For example: 250,000 - ### Purpose of the loan For example: To buy two ovens and fit out the second shop. - ### Date the money is paid out For example: 1 July 2030 - ### Does the loan carry interest? - ### Interest rate (optional) optional Fill it in only if the loan carries interest. A rate that matches the market is usually safest for tax. For example: 6 percent a year - ### Date the loan must be repaid in full For example: 1 July 2035 - ### How the loan is repaid For example: 60 equal monthly payments of capital plus interest, the first on 1 August 2030, on the first day of each month. - ### Early repayment For example: The Borrower may repay all or part at any time with 14 days' notice, without a fee. - ### Security (optional) optional For example: A charge over the two ovens bought with the loan. - ### Guarantor (optional) optional A third company that promises to pay if the Borrower does not. For example: Northfield Group Ltd, of 12 Mill Road, Leeds, United Kingdom - ### What counts as default For example: A payment is more than 14 days late, the Borrower becomes insolvent, or it breaks a term of this agreement and does not fix it within 30 days of notice. - ### Interest on late payments For example: 2 percent a year above the interest rate, or 8 percent a year if the loan carries no interest - ### Law that applies For example: England and Wales - ### Place for deciding disputes For example: Leeds - ### How disputes are decided - ### Date of agreement For example: 20 June 2030 Company and legal ## What is inside The parts of this document, in order. - 1 1. Meaning of words - 2 2. The Loan and payout - 3 3. Purpose - 4 4. Interest - 5 5. Repayment - 6 6. Early repayment - 7 7. Costs and taxes - 8 8. Statements by the Borrower - 9 9. Late payment - 10 10. Promises by the Borrower - 11 11. Events of Default and acceleration - 12 12. Security and guarantee Templates ## How it works - 01 ### Fill in Type your details in the form. The document fills itself in as you type; click any gap to jump to its field. - 02 ### Check Read it through. Gaps you have not filled stay marked, so nothing goes out half done. - 03 ### Download Pay once and get it as a Word document to edit further and as a PDF to send or print. The link comes by email too. ### Was this template helpful? Company and legal ## Questions people ask ### What details does this template ask for? The form asks for 22 details, starting with Lender, Lender's address, Borrower, Borrower's address, Currency. 4 more are optional. ### How much does this template cost? €9.99, paid once. Filling it in and seeing the first part is free. You pay when you download the finished Word document and PDF, with no account and no subscription. Every paid nerix plan includes it. ### Can I download this template as Word or PDF? Yes. When you have filled in the form, press Download and pay once. You get the finished document as a Word file to keep editing and as a PDF to send or print, and the link by email. ### Is what I type sent anywhere? While you fill it in, what you type stays in your browser. When you buy the document, your answers go to nerix to make your files. They are kept for seven days so you can download again, then deleted. ### What should I check before I use this template? Lending between companies can bring tax, transfer pricing, interest rate, withholding tax and licensing rules, and loans between related companies are watched closely in many countries. Some places limit the interest that may be charged, or require lenders to be licensed. Have an accountant or lawyer check it. This is not legal advice. ### Are these company templates free? Most are. Fill in and download them for free as Word or PDF, with no account. A few longer documents are premium: free to fill in, paid once to download, and marked with their price. ### Is a template the same as legal advice? No. A template is a careful starting point. Company, contract and data protection law differ by country, so have a lawyer read anything that carries real risk before you sign. ### Can I change the clauses? Yes. Download the Word version and edit it, or open the template in the nerix chat and ask for a clause that is stricter, shorter or in another language. Templates ## More in Company and legal - [Acceptable use policy Set clear rules for using your systems, accounts, devices and services, and what happens when they are broken. Company and legal](https://nerix.ai/templates/acceptable-use-policy) - [Agency agreement Appoint an agent to find customers and negotiate sales for you in an area, for a commission. Company and legal Premium, €9.99](https://nerix.ai/templates/agency-agreement) - [Anti-bribery policy State that you never give or take bribes, set gift and hospitality limits, and say how to report concerns. Company and legal Premium, €4.99](https://nerix.ai/templates/anti-bribery-policy) - [Board committee terms of reference Define what a board committee is for: members, powers, meetings, reporting and how it is reviewed. Company and legal](https://nerix.ai/templates/board-committee-terms-of-reference) - [Board evaluation form Rate how well the board works as a group, note strengths and gaps, and agree actions for the year ahead. Company and legal](https://nerix.ai/templates/board-evaluation-form) - [Board meeting minutes Record a board meeting: who was there, what was decided and the vote on each resolution. Company and legal](https://nerix.ai/templates/board-minutes) [See all Company and legal templates](https://nerix.ai/templates/company-legal) Templates ## More kinds of documents Every category has its own page, so you can see all of its templates at once. ## Use it in nerix ### Use it in nerix - [Templates](https://nerix.ai/product/templates) - [E-signatures](https://nerix.ai/product/e-signatures) ### Learn more - [How to Make a Document From a Template](https://nerix.ai/help/make-a-document-from-a-template) - [Company and legal](https://nerix.ai/templates/company-legal)