Loans

Internal procedure for loan servicing, payment posting, and covenant monitoring.

Standard promissory note with fixed rate, monthly amortization, and default remedies.

Closing checklist covering documentation, lien filings, and post-closing deliverables.

Working capital line application with seasonality narrative and AR/AP aging.

Quarterly compliance certificate confirming financial covenants with calculations.

This Pledge Agreement (Advance) template is used when a borrower offers an asset as security for an advance payment or loan, granting the lender a security interest in the pledged asset until the debt is repaid.

This Moveable Hypothec Agreement template is used when a borrower (the "Debtor") grants a hypothec (a type of security interest) over movable property to a lender (the "Creditor") to secure a debt or obligation. It defines the hypothecated assets, terms of the loan, and rights and obligations of both parties.

This document outlines an agreement between a Lender and a Borrower to temporarily suspend or reduce loan payments for a specified period, typically due to financial hardship. It includes provisions for the release of certain claims upon fulfillment of the agreement terms.

This Apartment Lease Agreement template is used for renting out residential properties. It outlines the terms and conditions between a landlord and a tenant, ensuring legal protection for both parties.

This Installment Sale Contract template is used when goods are sold to a buyer who agrees to make payments over a period of time, rather than a single upfront payment. It outlines the terms and conditions of the sale, payment schedule, and responsibilities of both the seller and the buyer.

This agreement is used when a tenant requests permission from their landlord to sublet their rented property to a third party. It outlines the terms and conditions under which subletting is permitted.

This Deed In Lieu of Foreclosure template is used when a homeowner voluntarily transfers ownership of their property to the lender to avoid the foreclosure process. It is a mutual agreement that can benefit both parties by avoiding the time and expense of a traditional foreclosure.

This template is used to formally terminate a lease agreement between a landlord and a tenant by mutual consent before the original lease term expires. It outlines the terms of the cancellation, including key dates, financial agreements, and responsibilities of both parties.

This Commitment Letter outlines the terms and conditions under which a financial institution or lender agrees to provide financing to a borrower. It is used to formalize an offer of credit before the final loan agreement is drafted.

Lender commitment letter with terms, conditions precedent, and expiration.

Borrower request for loan payoff statement with anticipated payoff date.

Notice of default with cure period and acceleration warning.

Demand promissory note with on-demand repayment terms.

Security agreement granting a lien on collateral with UCC-1 filing template.

Real estate security instrument with covenants and remedies.

Standard amortization schedule with principal/interest split and remaining balance.

Unconditional personal guaranty supporting a commercial credit facility.

This checklist provides a comprehensive guide for small and medium-sized enterprises (SMEs) in Africa to consider when drafting a promissory note. It ensures all essential legal and financial aspects are covered to protect both the lender and the borrower.

This Movable Hypothec Long Form template is used to secure a debt by registering a hypothec over movable property, allowing the creditor to claim the assets in case of default. It is suitable for businesses in Southern Africa providing or receiving loans where movable assets are offered as security.

This template is a formal by-law used by companies to officially approve the borrowing of money from a lender. It outlines the terms, conditions, and authorization for the company to enter into a loan agreement.

This template serves as a formal notification to a debtor regarding the private sale of collateral pledged to secure a loan or other obligation. It is used when a creditor intends to sell the collateral to recover outstanding debts in a private transaction.

This template is a formal notice used by a lender to inform a debtor and other interested parties of the impending public sale of collateral pledged to secure a loan, following a default by the debtor. It is used to comply with legal requirements for notifying relevant parties before liquidating collateral.

This document provides a comprehensive guide to understanding small business loans, outlining key considerations, types of loans, and essential steps for application. It is ideal for SMEs seeking to secure financing for their operations or expansion.

This Promissory Note Line of Credit template is used to formalize an agreement where a lender provides a revolving line of credit to a borrower, outlining the terms of repayment, interest, and other conditions. It is suitable for businesses seeking flexible funding arrangements.

This Movable Hypothec Promissory Note is a legally binding document used when a borrower pledges movable property as security for a loan. It outlines the terms of the loan, the property hypothecated, and the repayment schedule.