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    https://www.pandadoc.com › llc-loan-agreement-template

    LLC Loan Agreement Template - Free PandaDoc Template

    • Download a free LLC loan agreement template to create a detailed agreement for lending or borrowing money between limited liability companies. Customize the template with loan amount, interest rate, repa… See more

    The Parties

    This LLC Loan Contract (“Agreement”) dated on the (Date) is between [Borrower.FirstName] … See more

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    Loan Agreement

    In this section, ensure to add the loan amount and whether interest will apply to the principal amount. The Lender agrees to lend $ (Amount) (“Principal Amount”) to the Borrower u… See more

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    Payments

    Explain how the repayment structure works. Consider whether it’s monthly installments, whether there are any late fees or interest, the date when the payment is due, and how they shoul… See more

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    Loan Security

    Not every LLC loan agreement requires security, but it’s a good idea to ensure the Lender is protected. As LLC partners can’t be held personally responsible for any company d… See more

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    Co-Signer

    A co-signer is a good idea if the LLC is a small company and they have more significant partners to stand on their behalf. It adds additional Security to this loan agreement… See more

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    How do I write a business loan agreement?
    Download a business loan agreement template as a PDF or Word file below: When writing a loan agreement, you should follow a few best practices that can help you create an easy-to-use and enforceable contract: Understand key terms: You must know many terms in a business loan agreement. These may include “balloon payment,” “amortization,” and more.
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    Table of Contents
    The Parties
    Loan Agreement
    Payments
    Loan Security
    Co-Signer
    How do I write a business loan agreement?
     

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