tiktok˰

Working Capital Facility Agreement for Australia

Working Capital Facility Agreement Template for Australia

An Australian law-governed agreement establishing a working capital facility between a financial institution and a borrower, typically used to finance day-to-day operational expenses and short-term funding needs. The agreement details the facility amount, drawdown mechanics, interest calculations, repayment terms, and security arrangements (if applicable). It incorporates Australian banking regulations, financial services laws, and security registration requirements, while ensuring compliance with the Personal Property Securities Act 2009 (Cth) and other relevant Australian legislation.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Working Capital Facility Agreement

Let tiktok˰'s market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Working Capital Facility Agreement?

The Working Capital Facility Agreement is a fundamental financing document used in Australian business operations to establish a flexible funding arrangement between a lender and borrower. This agreement is particularly suited for businesses requiring ongoing access to funds for operational expenses, inventory purchases, or managing cash flow cycles. The document complies with Australian banking and financial services regulations, including the Banking Act 1959 (Cth) and National Consumer Credit Protection Act 2009 (Cth). It typically includes provisions for revolving credit facilities, drawdown mechanisms, security arrangements, and financial covenants, all structured within the Australian legal framework. The agreement is essential for businesses seeking to maintain adequate liquidity while managing seasonal fluctuations or growth opportunities.

What sections should be included in a Working Capital Facility Agreement?

1. Parties: Identification of the lender and borrower with full legal names and details

2. Background: Context of the facility arrangement and purpose of the agreement

3. Definitions and Interpretation: Comprehensive definitions of terms used throughout the agreement and interpretation rules

4. The Facility: Details of the facility type, amount, purpose and availability period

5. Conditions Precedent: Prerequisites that must be satisfied before the facility becomes available

6. Drawdown: Procedures and requirements for drawing down the facility

7. Interest and Fees: Interest calculation method, rates, payment dates and applicable fees

8. Repayment and Prepayment: Terms for regular repayments and early repayment options

9. Representations and Warranties: Statements of fact and assurances given by the borrower

10. Undertakings: Positive and negative obligations of the borrower during the facility term

11. Events of Default: Circumstances that constitute default and consequences

12. Changes to Parties: Rules regarding assignment and transfer of rights and obligations

13. Administration: Operational aspects including notices, calculations, and payments

14. Governing Law and Jurisdiction: Law governing the agreement and courts having jurisdiction

15. Execution: Execution blocks and signing requirements

What sections are optional to include in a Working Capital Facility Agreement?

1. Security: Include when the facility is secured, detailing the security arrangement and enforcement rights

2. Guarantee: Include when there are guarantors providing additional support for the borrower's obligations

3. Review Events: Include for facilities requiring periodic review or with specific trigger events

4. Market Disruption: Include for facilities with variable rates to address market disruption scenarios

5. Increased Costs and Tax Provisions: Include for longer-term facilities or where regulatory changes might impact costs

6. Multi-currency Provisions: Include if the facility can be drawn in multiple currencies

7. Accordion Feature: Include if the facility amount can be increased under specified conditions

8. Financial Covenants: Include when specific financial metrics must be maintained

9. Special Drawing Conditions: Include for industry-specific or purpose-specific facilities

What schedules should be included in a Working Capital Facility Agreement?

1. Facility Particulars: Detailed terms of the facility including limits, rates, and fees

2. Conditions Precedent Documents: List of required documents and conditions to be satisfied

3. Form of Drawdown Notice: Template for borrower to request drawings under the facility

4. Calculation of Interest and Fees: Detailed methodology for calculating interest and fees

5. Form of Compliance Certificate: Template for periodic compliance reporting

6. Security Documents: List and copies of security documents if facility is secured

7. Permitted Security Interests: List of security interests allowed under the facility

8. Financial Covenants Calculations: Methodology for calculating financial covenants

9. Authorized Representatives: List of persons authorized to act on behalf of the parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok˰ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Australia

Publisher

tiktok˰

Document Type

Finance Agreement

Cost

Free to use
Relevant legal definitions






























































Clauses





































Relevant Industries

Banking and Financial Services

Manufacturing

Retail

Wholesale Trade

Construction

Mining and Resources

Agriculture

Technology

Healthcare

Professional Services

Transport and Logistics

Real Estate

Hospitality

Relevant Teams

Legal

Finance

Treasury

Credit

Risk Management

Corporate Banking

Operations

Compliance

Corporate Secretariat

Executive Management

Relevant Roles

Chief Financial Officer

Finance Director

Treasury Manager

Financial Controller

Corporate Lawyer

Legal Counsel

Relationship Manager (Banking)

Credit Manager

Risk Manager

Company Secretary

Managing Director

Chief Executive Officer

Commercial Director

Operations Manager

Account Manager (Banking)

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Evergreen Loan Agreement

An Australian law-governed perpetual loan facility agreement establishing an ongoing credit arrangement with automatic renewal provisions.

find out more

Personal Car Loan Contract

An Australian-law governed loan agreement for personal vehicle financing, compliant with national consumer credit legislation.

find out more

Cash Loan Simple Loan Agreement

An Australian-law governed agreement establishing terms and conditions for a monetary loan between a lender and borrower, compliant with national credit protection regulations.

find out more

Generic Loan Agreement

An Australian law-governed agreement establishing the terms and conditions for a loan between parties, including amount, interest, repayment terms, and security arrangements.

find out more

Term Loan Agreement Non Regulated

An Australian law-governed agreement for a fixed-term commercial loan facility, setting out terms and conditions for business lending outside consumer credit regulations.

find out more

Simple Equipment Loan Agreement

An Australian-compliant agreement governing the temporary loan of equipment between parties, including terms, conditions, and responsibilities.

find out more

Model Loan Agreement

An Australian-compliant template loan agreement covering essential lending terms and regulatory requirements for use in commercial and consumer lending contexts.

find out more

Facility Loan Agreement

An Australian law-governed agreement establishing terms and conditions for a loan facility, including facility amount, interest rates, repayment terms, and security arrangements.

find out more

Computer Equipment Loan Agreement

An Australian-law governed agreement establishing terms for temporary computer equipment loans, including usage conditions, maintenance responsibilities, and return procedures.

find out more

Standard Loan Agreement

An Australian-law governed agreement establishing terms for financial lending, including loan amount, interest, repayment terms, and security arrangements.

find out more

Master Securities Loan Agreement

An Australian law-governed agreement template for securities lending transactions between financial institutions, establishing terms for securities loans and collateral arrangements.

find out more

Film Equity Investment Agreement

Australian-law governed agreement for equity investment in film production, establishing investment terms, rights, and revenue sharing arrangements.

find out more

Co Financing Agreement

An Australian law-governed agreement establishing terms for multiple lenders to jointly provide financing to a borrower, subject to Australian banking and corporate regulations.

find out more

OverFacility Agreement

An Australian-law agreement establishing an overdraft facility between a financial institution and borrower, detailing credit limits, terms, and obligations.

find out more

Investment Loan Contract

An Australian law-governed agreement establishing terms and conditions for investment financing, including loan details, security arrangements, and regulatory compliance requirements.

find out more

Tripartite Loan Agreement

An Australian-law governed agreement establishing a three-way lending arrangement between a lender, borrower, and third party, detailing loan terms and party obligations.

find out more

Loan And Mortgage Agreement

An Australian law-governed agreement establishing loan terms and mortgage security arrangements over real property, compliant with national credit and property legislation.

find out more

Lease Hire Agreement

An Australian-compliant agreement governing the terms and conditions for hiring assets or equipment, suitable for both business and consumer leasing arrangements.

find out more

Hire Purchase Agreement For Car

An Australian law-compliant agreement for purchasing a vehicle through structured payments, with ownership transferring to the buyer upon final payment.

find out more

Deed Of Accession Loan Agreement

An Australian law-governed deed enabling a new party to join and assume rights and obligations under an existing loan agreement.

find out more

Co Borrower Loan Agreement

An Australian legal agreement establishing terms and conditions for multiple borrowers to jointly obtain and repay a loan, subject to Australian federal and state lending laws.

find out more

Bike Hire Purchase Agreement

An Australian law-governed agreement for the hire purchase of bicycles, establishing payment terms, usage conditions, and ownership transfer upon final payment.

find out more

Bridge Loan Contract

An Australian law-governed agreement for short-term interim financing, establishing loan terms, security arrangements, and repayment conditions.

find out more

Undertaking Loan Agreement

An Australian law-governed loan agreement detailing terms, conditions, and undertakings for financial accommodation between lender and borrower.

find out more

Trade Finance Agreement

An Australian law-governed agreement establishing trade finance facilities between a bank and borrower, detailing products, terms, and security arrangements.

find out more

Separation Financial Agreement

An Australian legal document that formalizes financial arrangements between separating couples under the Family Law Act 1975, detailing asset division and financial responsibilities.

find out more

Seller Financing Car Contract

An Australian contract for selling a vehicle with seller-provided financing, compliant with national consumer credit and state vehicle regulations.

find out more

Real Estate Loan Agreement

An Australian-law governed agreement establishing terms and conditions for a property-secured loan, including lending terms and security arrangements.

find out more

Mezzanine Loan Agreement

Australian law-governed agreement establishing terms for subordinated debt financing, including facility terms, security arrangements, and subordination mechanics.

find out more

Margin Loan Agreement

An Australian-compliant agreement governing margin lending arrangements between a financial institution and borrower, including security provisions and regulatory requirements.

find out more

Loan Swap Agreement

An Australian law-governed agreement for exchanging loan payment obligations between parties, typically involving different interest rates or currencies.

find out more

Loan Note Agreement

An Australian-law governed agreement documenting the issuance of debt securities, setting out terms for borrowing, repayment, and parties' rights and obligations.

find out more

Loan Agreement Between Spouses

An Australian-compliant loan agreement for use between married spouses, documenting loan terms and conditions while ensuring protection under family law.

find out more

Financial Support Agreement

An Australian law-governed agreement establishing terms and conditions for providing financial support between parties, including payment terms, conditions, and compliance requirements.

find out more

Financial Assistance Agreement

An Australian-law governed agreement establishing terms for providing financial assistance, including funding conditions, repayment terms, and party obligations.

find out more

Financial Agreement Between Two Parties

An Australian law-governed agreement establishing financial arrangements between two parties, including payment terms, security provisions, and regulatory compliance requirements.

find out more

Equity Funding Agreement

An Australian-law governed agreement that sets out the terms and conditions for equity investment in a company, including share issuance, investor rights, and governance arrangements.

find out more

Equipment Lease Purchase Agreement

An Australian-compliant agreement combining equipment leasing with a purchase option, allowing businesses to lease equipment with the possibility of ownership.

find out more

Equipment Lease Agreement With Option To Purchase

An Australian law-governed agreement allowing equipment lease with future purchase rights, combining rental flexibility with acquisition options.

find out more

Car Mortgage Agreement

An Australian-law governed agreement creating a security interest over a motor vehicle as collateral for a loan, compliant with national credit and personal property security legislation.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it