Getting a Loan

Loan Agreements

If you’re borrowing money, you should put together a Loan Agreement to set out the terms of the loan.

A Loan Agreement should specify the amount borrowed, the interest rate and the repayment schedule. It should also address other important matters such as the consequences of late repayment or default.

Our experienced lawyers can help you draft a Loan Agreement that reflects the terms you’ve agreed with the lender.

Other Considerations

Some other things to think about when you are looking at debt finance for your business are:

Security: Lenders will often seek to take security so that, in the event you do not repay the debt, they can take possession of your assets.
PPSR: The Personal Property Securities Register (PPSR) is a national online register that is like a noticeboard. Lenders typically register their security interests to show others that they have enforcement rights against your personal property.

Our business lawyers have experience drafting Loan Agreements and advising on business loans. We have a range of fixed fee Loan Agreement and Advice packages. Get started now!

← Back To Getting Finance

NEED HELP WITH ADVICE OR A LOAN AGREEMENT?

Tell us more about your situation and we’ll put together a fixed-fee quote.

GET STARTED

WHO WE ARE.

WHO WE ARE.

sprintlaw is a new type of law firm, designed for Australian small businesses, startups and entrepreneurs.

Our team of expert lawyers are savvy users of tech tools and operate completely online - saving you time, money and helping you get legal services as efficiently and cost-effectively as possible.

And don't worry - everything we do is fixed-fee, with upfront and transparent pricing. No sneaky 6-minute-bills or nasty hidden costs!

Learn More Get Started

FOR BUSINESSES OF ALL SHAPES & SIZES.

Whether you're a small company or startup on a tight budget, or a bigger business looking for cost-effective solutions, we can provide top-notch legal services at a fraction of the cost of traditional law firms.

“I had a really great experience with sprintlaw – it was affordable, fast and totally online! I felt guided through the process and completely at ease.”