Question 1

What does this service comprise?

Accepted Answer

This service involves custom preparing a Loan Agreement to your exact needs, covering principal amount, interest, repayment terms, security, and default provisions.

Question 2

What types of loans can be covered?

Accepted Answer

This agreement covers various loan scenarios including: business-to-business loans, shareholder loans to companies, director's loans, intercompany loans, personal loans between individuals, and secured or unsecured lending arrangements. We tailor the agreement to your specific lending relationship.

Question 3

Can the loan be interest-bearing or interest-free?

Accepted Answer

Yes, the agreement can be structured either way. For interest-bearing loans, we can include fixed or variable interest rates, compound interest provisions, and SARS-compliant interest calculations. For interest-free loans (particularly shareholder or director loans), we ensure proper documentation to avoid deemed donation implications.

Question 4

How long does delivery take?

Accepted Answer

Standard delivery is 3 business days from when we receive your completed questionnaire. If you need your Loan Agreement sooner, we offer an Express Delivery option which guarantees delivery within 1 business day. You can select Express Delivery as an add-on during checkout.

Question 5

What if I need changes to my agreement?

Accepted Answer

Your order includes 2 rounds of revisions at no additional cost, which must be requested within 1 week of receiving your draft. This ensures you have ample opportunity to review the document and request any adjustments. Additional revision rounds beyond this can be arranged at a nominal fee.

Question 6

Who will draft my Loan Agreement?

Accepted Answer

Your Loan Agreement will be prepared by a qualified South African attorney with a minimum of 12 years of post-qualification experience in commercial and financial law. Our attorney ensures proper legal structure and compliance with relevant regulations.

Question 7

What information will I need to provide?

Accepted Answer

After purchase, you'll receive a detailed questionnaire asking about lender and borrower details, principal loan amount, interest rate (if applicable), repayment schedule and method, any security or collateral, default events and remedies, and any guarantees or suretyships.

Question 8

Will my agreement comply with South African law?

Accepted Answer

Yes. Your Loan Agreement will be drafted to comply with relevant South African legislation including the National Credit Act (where applicable), Consumer Protection Act, and common law principles. For loans falling within the NCA, additional compliance requirements may apply.

Custom Loan
Agreement

Agreement Details

Who Is This For

Tailored To Your Needs

Prepared By Experts

Why This Custom Loan Agreement Works

Clear Repayment Terms

Default Protection

Security Provisions

Attorney Drafted

Amendments Included

NCA Compliant

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Custom LoanAgreement