LOAN AGREEMENT

Thisis an agreement between {BorrowerFirstName} {BorrowerLastName},

henceforth known as “Borrower,” and {BusinessName}, henceforth known as “Lender.”

Borrower wishes to borrow amounting of {CurrencySymbol}{PrincipalAmount} for

the {LoanProduct} – {LoanNo} and it will be released on {LoanReleaseDate}.

Conditions for this Loan are as follows:

 Borrower will begin the first repayment on {FirstRepaymentDate} for

{CurrencySymbol}{FirstRepaymentAmount}.

 The loan and repayment plan details:

Loan Interest: {LoanInterest}
Loan Duration: {LoanDuration}
Interest Method:{InterestMethod}
Repayment Cycle: {RepaymentCycle}
Number of Repayments: {NumberOfRepayments}

 The final date of repayment will be on {MaturityDate}.

 Failure to repay the Loan will incur penalty charges.

Borrower and Lender agree to the conditions above and sign that will take effect in the
presence of a notary public on {CurrentDate}.

{BorrowerFirstName} {BorrowerLastName}
{BorrowerEmail} {BorrowerMobile}
BORROWER

{BusinessName}
{BranchMobile}
BUSINESS NAME

{GuarantorFullName1}
GUARANTOR