关于借款合同英文5篇.docx

关于借款合同英文5篇

篇1

LOANCONTRACT

ThisLoanContract(hereinafterreferredtoastheContract)isherebyexecutedon[Date]between____(hereinafterreferredtoastheBorrower)and____(hereinafterreferredtoastheLender).

PREAMBULATORYCLAUSE

WHEREAS,theBorrowerisinneedoffinancialassistanceforthepurposeof[specifythepurpose,e.g.,businessexpansion,homerenovation,educationalexpenses,etc.];and

WHEREAS,theLenderhasagreedtoloanfundstotheBorroweruponthetermsandconditionsstipulatedinthisContract.

I.LOANGRANTING

1.TheLenderherebyagreestoloantotheBorrowerthesumof____(currencyandamount)onthetermsandconditionsspecifiedbelow.

II.REPAYMENT

2.Theloanshallberepaidinfullonorbefore____.(Specifytherepaymentdate,interest-freeperiod,ifany,andanyotherconditionsrelatedtorepayment.)

3.Anylaterepaymentshallbesubjecttoapenaltyinterestof____%permonth(orotherspecifiedperiod)untilfullypaid.

III.INTEREST

4.Theloanshallbearinterestattherateof____%perannum,payable____.(Specifytheinterestrate,duedates,andothertermsrelatedtointerestpayments.)

IV.COLLATERALANDSECURITY

5.TheBorrowershallprovide____(specifythecollateralorsecurity)asassurancefortherepaymentofthisloan.

6.Incaseofdefaultinrepayment,theLendershallhavetherighttodisposeofthecollateralorsecuritytorecovertheloanamountandanyassociatedcosts.

V.PREPAYMENT

7.TheBorrowermayprepaytheloan,inwholeorinpart,atanytimewithoutpenalty.Anyprepaymentshallresultinareductionoftheoutstandingloanbalanceand/orinterestdue.

VI.DEFAULTANDTERMINATION

8.IftheBorrowerfailstomaketimelyrepaymentsorcomplywithanytermofthisContract,theLendermayterminatethisContractanddemandimmediaterepaymentoftheoutstandingloanbalance,includinganypenaltiesand