The Business Loan Agreement is a fundamental document used when a business seeks to borrow money from a lender in England and Wales. This agreement serves as the primary contract governing the lending relationship, establishing clear terms for the loan's disbursement, repayment, and security arrangements. It incorporates necessary compliance elements with UK financial regulations and includes protections for both the lender and borrower. The document is particularly important for maintaining clarity in commercial lending relationships and ensuring enforceability under English and Welsh law.
Create a bespoke document in minutes, or upload and review your own.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Key Requirements PROMPT example:
Business Loan Agreement
"I need a Business Loan Agreement for a £500,000 secured loan to my manufacturing company, with quarterly repayments over 5 years starting from March 2025, including specific covenants about maintaining minimum inventory levels."
1. Parties: Identification and details of the lender and borrower
2. Background: Context and purpose of the loan agreement
3. Definitions: Key terms used throughout the agreement
4. Loan Amount and Purpose: Specification of the loan amount and its intended use
5. Interest Rate and Calculations: Details of interest rate, calculation method, and payment terms
6. Repayment Terms: Schedule and method of repayment
7. Representations and Warranties: Statements of fact by the borrower
8. Events of Default: Circumstances that trigger default and consequences
9. Governing Law: Specification of applicable law and jurisdiction
1. Security: Details of any collateral or security for secured loans
2. Guarantees: Terms of any personal or corporate guarantees provided
3. Insurance Requirements: Mandatory insurance coverage requirements
4. Financial Covenants: Financial performance requirements for larger commercial loans
1. Repayment Schedule: Detailed payment dates and amounts
2. Security Details: Specific description of security assets
3. Conditions Precedent: List of conditions to be met before drawdown
4. Form of Drawdown Notice: Template for requesting loan disbursement
5. Financial Covenant Calculations: Formulas and methods for financial covenant compliance
Authors
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Vehicle Finance Contract
An England & Wales legal document outlining terms for vehicle financing under the Consumer Credit Act 1974.
find out more
Trade Finance Facility Agreement
An England & Wales legal document facilitating international trade finance for cross-border business operations.
find out more
Trade Finance Agreement
An England & Wales legal document facilitating international trade finance through structured agreements and compliance standards.
find out more
Tripartite Agreement For Home Loan
An England & Wales legal document detailing a home loan arrangement involving a third-party security or guarantee.
find out more
Personal Mortgage Loan Agreement
An England & Wales contract detailing residential property financing terms between borrowers and financial institutions.
find out more
Person To Person Loan Agreement
An England & Wales legal document formalizing private lending terms between individuals, ensuring clarity and legal protection.
find out more
Official Loan Agreement
An England & Wales legal document outlining terms and conditions of a lending relationship between parties.
find out more
Margin Loan Agreement
An England & Wales agreement outlining securities-based lending terms, including margin calls and collateral obligations.
find out more
Loan Swap Agreement
An England & Wales agreement transforming loan interest rates between fixed and floating for risk management.
find out more
Loan Note Agreement
An England & Wales legal document outlining terms for debt financing through loan notes issuance.
find out more
Loan Guaranty Agreement
An England & Wales legal document ensuring loan repayment through a guarantor if the borrower defaults.
find out more
Loan Forbearance Agreement
An England & Wales legal document modifying loan terms for borrowers facing temporary financial hardship.
find out more
Loan Borrower Agreement
An England & Wales legal document outlining terms and obligations for a formal loan arrangement between parties.
find out more
Friends And Family Loan Agreement
An England & Wales legal document authorizing a representative to attend a meeting on behalf of another party.
find out more
Financial Support Agreement
An England & Wales legal document authorizing internet service installation at a specified property location.
find out more
Financial Assistance Agreement
An England & Wales legal document authorizing additional water meter installation for separate property consumption monitoring.
find out more
Family Loan Agreement Document
An England & Wales legal document authorizing third-party payments from an individual's account for specified purposes.
find out more
Car Mortgage Agreement
An England & Wales legal document delegating work authority due to employee absence or project needs.
find out more
Car Finance Contract
An England & Wales legal document authorizing a representative to manage diploma-related matters on behalf of the holder.
find out more
Bridge Financing Agreement
An England & Wales legal document authorizing electrical service requests under the Electricity Act 1989.
find out more
Auto Finance Contract
An England & Wales legal document authorizing another to handle driving licence matters on the holder's behalf.
find out more
Financing Condition Purchase Agreement
An English law agreement governing purchases contingent on securing specific financing arrangements.
find out more
Retail Installment Credit Agreement
A regulated consumer credit agreement under English and Welsh law enabling purchases to be paid in installments with specified terms and protections.
find out more
Municipal Lease Purchase Agreement
A financing agreement under English and Welsh law enabling local authorities to acquire assets through a lease-to-own structure.
find out more
Tri Party Loan Agreement
An English law-governed agreement between three parties establishing terms for a loan arrangement, including security and administrative provisions.
find out more
Vehicle Finance Agreement
A legally binding agreement under English and Welsh law that sets out terms for vehicle financing, including payment obligations and maintenance requirements.
find out more
Modification Of Loan Agreement
An English law document that modifies the terms of an existing loan agreement between parties.
find out more
Common Loan Agreement
A legally binding loan agreement under English and Welsh law setting out terms and conditions between lender and borrower.
find out more
Mortgage Loan Purchase Agreement
An English law agreement governing the sale and transfer of mortgage loans between financial institutions.
find out more
Warehouse Loan Agreement
An English law agreement governing loans secured against warehoused goods, setting out financing terms and security arrangements.
find out more
Project Loan Agreement
A legally binding agreement under English and Welsh law that sets out terms for project-specific financing between lenders and borrowers.
find out more
Vendor Finance Contract
An English law agreement enabling vendor-provided financing for customer purchases, combining sales and financing terms under UK regulation.
find out more
Loan Pledge Agreement
An English law agreement establishing terms for a loan secured by pledged assets, detailing security interests and enforcement rights.
find out more
Accounts Receivable Financing Agreement
A legal agreement under English and Welsh law governing the financing of accounts receivable through purchase or funding arrangements.
find out more
Property Loan Agreement
A legally binding agreement under English and Welsh law establishing terms for property-secured lending.
find out more
Novation Lease Agreement
An English law agreement transferring lease obligations from an existing tenant to a new tenant, with landlord's consent.
find out more
Peer To Peer Loan Agreement
A legally binding agreement under English and Welsh law that establishes terms and conditions for direct lending between parties without traditional financial intermediaries.
find out more
Loan Sharing Agreement
An English law agreement governing the sharing and administration of loan participations between multiple lenders.
find out more
Equipment Finance Agreement
A contract under English and Welsh law governing the terms of equipment financing between a provider and borrower, including payment terms and obligations.
find out more
Financial Management Agreement
An English law agreement establishing the terms for professional investment management services between a manager and client.
find out more
Accounts Receivable Purchase Agreement
A contract governed by English and Welsh law for the sale and purchase of accounts receivable between businesses.
find out more
Senior Facilities Agreement
An English law governed agreement documenting terms and conditions of syndicated loan facilities between lenders and borrowers.
find out more
Credit Loan Agreement
A legally binding agreement under English and Welsh law governing the terms and conditions of a loan between a lender and borrower.
find out more
Business Loan Agreement
A legally binding agreement under English and Welsh law that governs the terms and conditions of a business loan between a lender and borrower.
find out more
Download our whitepaper on the future of AI in Legal
By providing your email address you are consenting to our Privacy Notice.
³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.
