Question 1

What does a custom loan agreement include?

Accepted Answer

Your custom loan agreement will include:

• Principal amount and drawdown mechanics
• Interest rate (fixed or variable) and calculation method
• Repayment schedule and amortisation structure
• Fees and charges (arrangement, late payment, default)
• Early repayment provisions and any prepayment penalties
• Security/guarantees (if applicable)
• Borrower covenants and reporting requirements
• Events of default and lender remedies
• Governing law and dispute resolution

Each section is tailored specifically to your lending arrangement, whether it's a personal loan, business loan, secured or unsecured, or any other loan structure.

Question 2

How quickly will I receive my agreement?

Accepted Answer

Standard delivery is 3 business days from the completion of the questionnaire. Express delivery (1 business day) is available for an additional fee.

After checkout, we'll email you a detailed questionnaire about the loan amount, interest structure, repayment plan, security, and any covenants. Once you complete it, our UK solicitors begin drafting your agreement.

Question 3

Who drafts the loan agreement?

Accepted Answer

Your loan agreement is drafted by experienced UK solicitors who specialise in commercial and financial agreements. Our team has over 15 years of experience drafting bespoke loan agreements for individuals, SMEs, and startups.

Every agreement is reviewed to ensure compliance with UK lending laws and regulations, including Consumer Credit Act considerations where applicable.

Question 4

How do you gather the information needed?

Accepted Answer

After checkout, you'll receive an AI-powered questionnaire that asks about:

• Loan amount and purpose
• Interest rate structure (fixed/variable)
• Repayment terms and schedule
• Security or guarantees required
• Borrower covenants and financial reporting
• Default provisions and remedies
• Any special terms or conditions

The questionnaire adapts based on your answers, so you only see relevant questions. Most clients complete it in 10-15 minutes.

Question 5

How many revisions are included?

Accepted Answer

One round of revisions is included in the base price. After you review the initial draft, you can request changes to terms, add provisions, or adjust language.

Additional revision rounds can be purchased separately if needed. Most clients find one round sufficient for their needs.

Question 6

Can I consult with a solicitor about the agreement?

Accepted Answer

Yes! While the base package includes drafting and one round of revisions, you can purchase a consultation with the drafting solicitor as an add-on.

Consultations are useful for discussing complex lending structures, security arrangements, or understanding specific clauses in detail.

Question 7

How is this different from a template loan agreement?

Accepted Answer

Templates offer generic clauses that may not fit your situation. Our custom loan agreements are:

• Drafted by UK solicitors specifically for your lending arrangement
• Tailored to your loan amount, interest structure, and security needs
• Adapted to the borrower type (individual, company, partnership)
• Compliant with current UK lending regulations
• Include only the clauses you need (not generic filler)
• Professionally reviewed before delivery

You get an agreement that actually matches your lending arrangement, not something you have to adapt yourself.

Question 8

Is this suitable for personal or business lending?

Accepted Answer

Both! We draft loan agreements for:

• Personal loans between individuals
• Business loans (company-to-company)
• Shareholder loans
• Director loans
• Inter-company loans
• Secured and unsecured lending
• Revolving credit facilities
• Term loans

The agreement is tailored to your specific lending context, whether personal or commercial.

Question 9

Can you include security or guarantees?

Accepted Answer

Yes. We can include:

• Security provisions (charges, mortgages, pledges)
• Personal guarantees from directors or third parties
• Cross-guarantees in group lending
• Priority and subordination arrangements
• References to separate security documents

We'll advise whether security provisions should be in the main agreement or in separate security documents, depending on your requirements.

Question 10

Does the agreement comply with UK lending laws?

Accepted Answer

Yes. Your loan agreement is drafted to comply with:

• Consumer Credit Act 1974 (where applicable)
• Financial Services and Markets Act 2000
• Late Payment of Commercial Debts regulations
• Money Laundering Regulations
• FCA regulations (if applicable)
• General contract law principles

We'll identify if your loan falls under regulated lending and ensure appropriate compliance measures are included.

Question 11

What if we need to amend the agreement in the future?

Accepted Answer

Your loan agreement will include amendment provisions specifying how changes can be made (typically requiring written consent from both lender and borrower).

If you need professional assistance with amendments later, you can return to us for amendment drafting as a separate service.

Question 12

What happens after I receive the loan agreement?

Accepted Answer

You'll receive the agreement as a Word document via email. You can then:

1. Review it with the borrower/lender
2. Request any revisions (one round included)
3. Finalise and sign (we recommend both parties sign and date)
4. Keep copies for your records

We can also provide guidance on execution requirements and whether the agreement should be witnessed or notarised (rarely needed for standard loans).

Custom Loan
Agreement

How it works

Form & Checkout

We Draft

Review & Finalize

Why This Loan Agreement Works

Tailored to Your Terms

Security & Guarantees

Covenants & Reporting

Defaults & Remedies

Early Repayment

Amendments & Support

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