NAIROBI | MOMBASA | KAMPALA | DAR ES SALAAM | KIGALI | LAGOS

I&M Bank House, 7th Floor, 2nd Ngong Avenue

+254 716 209 673

law@cmadvocates.com

 

Legal Documents

CM Advocates > Loan Agreement Secured by an Asset

Loan Agreement Secured by an Asset

A Loan Agreement is an agreement where the lender agrees to provide a loan to a borrower subject to various agreed terms. The advanced sum can either be secured by a collateral or unsecured.  A loan can be secured by the creation of an encumbrance on the borrower’s assets which can be land, a motor vehicle or household goods etc. The loan agreement for a secured loan spells out the terms on which the loan is advanced, the particulars of the property pledged as collateral, terms of repayment and terms of realization of the security.

This template Loan Agreement is drafted for a loan secured using real property as security but may be modified to accommodate the needs of the parties.

For Only

KShs3,000

Get your

Loan Agreement Secured by an Asset

Instant Download

  • Up-to-date document template
  • Emailed to you instantly
  • Suitable for startups and small-to-medium businesses
  • Editable Word Document for you to modify
  • Guidance notes included

KShs3,000

Drafted By An Advocate

  • Document drafted by a lawyer
  • Up to five business day turnaround
  • Complimentary consultation with a lawyer to discuss changes and answer questions
  • Fully personalised for your business and industry
  • You are protected under our insurance

Affordable Fixed-Fee Price

Table of Contents

  1. DEFINITIONS AND INTERPRETATIONS
  2. LOAN
  3. PURPOSE
  4. INTEREST
  5. SECURITY
  6. FURTHER LENDING
  7. REPAYMENT
  8. REPRESENTATIONS AND WARRANTIES
  9. EVENTS OF DEFAULT
  10. CONFIDENTIALITY
  11. DATA PROTECTION
  12. INDEMNITY
  13. AGENCY
  14. FORCE MAJEURE
  15. NOTICES
  16. DISPUTE RESOLUTION
  17. SURVIVAL
  18. CONCLUSIVE EVIDENCE
  19. COSTS
  20. General

Which Legal Documents are you looking for?

    Get a Quote by filling in the form below

    Please tell us more about your enquiry and one of our team member will be in touch with you.

    × How can I help you?