FFNE CO.

LOAN AGREEMENT.
Agreement Number:…….
Agreement date: …………..
This loan agreement is commenced between:
Name:…………………………
Address: ……………………..
Phone Number: ……………………
Hereinafter referred as the Lender.
And
Name:…………………………
Registration Number: ………………
Address: ………………..
Phone Number: ……………………
Hereinafter referred as the Borrower.
PAYMENT.
This agreement shall be due and payable, including the principal and any accrued
interest, in one of the following ways:
 After a month at the beginning of ……….. , 20….. upon date taken, payment is
due after thirty (30) days.
 Failure to return on date (after a month), will lead into penalty unless otherwise
loan is extended upon earlier call made.
 The Borrower should make payment to the Lender in cash at the Lender's
address.
INTEREST. The Note shall,
 Borrower bears interest at a rate of Thirty Percent (30%) compounded monthly.
PREPAYMENT OF LOAN.
 The Borrower has the right to pay back the whole exceptional amount at any time
until completeness on due date.
Note that, Prepayments made does not include discount.
DETAILS OF THE LOAN: Agreed Between Borrower and Lender.
Amount of Loan: …………………………
Collateral of Loan: ………………………
Total Payment of Loan Amount: …………
Agreed Loan Return Date:……………….
MONTHLY PERCENTAGE RATE: 30%
PROMISE TO PAY: Within one month from today. I …………………………
(Borrower) at my right sense and mind as I take the loan of …………………………
Amount: ………………………… I promise to pay …………………………(Lender)
upon agreed thirty percent (30%) interest on collateral
of …………………………when fail to pay loan on actual due date.
NOTE: WHEN FAIL TO PAY LOAN COLLATERAL NO LONGER REMAIN
THE PROPERTY OF THE BORROWER BUT THAT OF THE COMPANY.
Borrower's Name: …………………………
Signature: …………………………
Lender's Name:…………………………
Signature:…………………………