Loans, investments and confirmation of debts Archives | Page 2 of 2

To give the borrower the option of applying for loans up to the limit, as needed.
Whether the loan is interest-free, with simple or compound annual interest, or one-off interest.
Whether you lend in pounds or foreign currency, in any amount.

Stipulation of the conditions precedent to the granting of credit and request for the creation of a real or personal security to guarantee repayment.
Prohibition on selling significant assets, taking on debt or giving more advantageous security to third-party creditors.
Obligation to regularly confirm declarations, disclose financial statements or tax returns, subject to immediate termination.
Interest on arrears and reminder charges in the event of late payment, with the borrower obliged to cover any legal costs in the event of enforcement.
Immediate termination in the event of a change of control, bankruptcy or insolvency of the borrower.

Possibility of early repayment, in full or in part, with cessation of interest.
Flexible calculation of simple interest with the option of a single or regular payment.
Option to specify a single interest rate that does not depend on the term of the loan.
Option to accumulate compound interest at different periods.
Limitation of reminder fees.

Use this contract:

When you have taken out one or more loan contracts and the borrower needs an additional loan.
If you wish to grant additional funds under the same conditions.
If the additional amount is to be repaid on a specific date or at the same time as the existing loan.

Confirmation from the borrower that the old loan has been duly granted and will be repaid without reservation.
Stipulation of the conditions precedent to the granting of the additional amount and request for the provision of security on a preliminary basis.
Interest on arrears and the obligation to cover any additional damage in the event of late repayment.
Obligation to regularly confirm declarations regarding the borrower’s solvency, financial situation and legal status.
Immediate termination in the event of the borrower’s bankruptcy or insolvency.

Possibility of early, total or partial repayment.
Flexible calculation of simple interest with the option of a single or regular payment.
Option to specify a single interest rate that does not depend on the term of the loan.
Option to accumulate compound interest at different periods.

Use this contract:

To grant a loan to a limited company incorporated in the United Kingdom.
If you want the loan to be converted into capital instead of being repaid.
Whether or not the loan bears interest, simple or compound, to be repaid or converted into capital.
Whether you are lending in pounds or foreign currency, in any amount.
When you wish to impose additional guarantees and restrictions on the borrower, or even penalties.

Adjustment of the loan conversion rate in the event of a significant fall in the value of the company up to the day of conversion.
Prohibition on selling significant assets, taking on debt or giving more advantageous guarantees to third-party creditors.
Obligation to regularly confirm declarations, disclose financial statements or tax returns, subject to immediate termination.

Interest on arrears and reminder charges in the event of late payment, with the borrower obliged to cover any legal costs in the event of enforcement.
Immediate termination in the event of a change of control, bankruptcy, or insolvency of the borrower.

Imposition of a deadline for exercising the convertible option, as well as a preliminary condition to be met by the lender.
Possibility of waiving accrued interest if the option is exercised.
Indication of a fall in the value of the company to be tolerated by the lender, without the right to refuse the option.
Possibility of issuing the shares, or buying them from existing shareholders and selling them back to the lender.