Document background
The Secured Loan Agreement is a fundamental financing document used when a lender provides funding to a borrower with the benefit of security over specific assets. Under Belgian law, this agreement must comply with specific civil law requirements and financial regulations, particularly regarding the creation and perfection of security interests. The document combines standard loan provisions with detailed security arrangements, making it suitable for various financing scenarios from corporate lending to asset-based financing. Key elements include the loan terms, security package details, conditions precedent, representations and warranties, and enforcement mechanisms. The agreement must address particular Belgian law considerations such as security interest registration requirements, notarial involvement for certain types of security, and specific enforcement procedures under Belgian law.
