A Credit Agreement is a legally binding document that sets out the terms and conditions between a lender and borrower for a loan. This template helps you draft a detailed agreement covering all essential aspects such as loan amount, interest rates, repayment schedules, covenants, and security interests. It ensures both parties understand their rights and obligations, reducing risks and disputes. The sections are designed to guide you through the process logically, from defining involved parties to outlining risk management and dispute resolution. Use this template to create clear, enforceable credit agreements tailored to your specific lending scenarios.
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