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Draft a loan agreement between 2 companies

We need someone with a legal background or understanding to draft loan agreement between two companies.

This could be a modification of an existing contract or a new one.

The terms of the contract should be

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Amount Borrowed: £35,000

Agreed rate: (.085% per day) or 31.025% per annum (based on 365 days)

Duration: 121 days (4 months)

Penalty charges: .055% per day (on outstanding balance not paid back after 121 days), which works out to 0.14% per day, or 51.1% on outstanding balances after 4 months.

Funds to be received on the 13th of Nov 2019.

Sum to be returned on the 13th of March 2019 is £38,599.75 which includes the amount borrowed of £35,000 and the interest accrued £3.599.75

The borrowing company reserves the right to terminate the contract at an earlier date, paying off all outstanding sums and a 1.5% early termination penalty. i.e. contract terminated after 50 days, funds due calculated as:

Interest: £1,487.50

early termination penalty: £525

amount borrowed: £35,000

Total repaid: £37,012.5

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We believe that this is a simple contact to draft

Budget: $20

Kemahiran: Perundangan, Kajian Undang-undang, Penulisan Undang-Undang, Kontrak, Undang-Undang Pekerjaan

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Tentang Majikan:
( 12 ulasan ) LONDON, United Kingdom

ID Projek: #21915753

Dianugerahkan kepada:

gauravsaggi

Dear Sir/Madam, I have Completed 1020+ LEGAL projects on Freelancer related to CONTRACTS, PATENTS, TERMS OF SERVICE, PRIVACY POLICY, LEGAL RESEARCH and IT LAW. I have drafted a lot of customized Loan Agreements for m Lagi

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15 pekerja bebas membida secara purata £31 untuk pekerjaan ini

andreeafanea

Good afternoon!  I am a reliable, hard-working and results-driven legal professional who is seeking freelancing opportunities in the area of business and legal assistance and paralegal services.  I excel working under Lagi

£20 GBP dalam 2 hari
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Quicklancer15

Hi, I have seen your project description and the need to have a loan agreement drafted for you. I have worked on several similar agreements for clients on this website and would be keen to do the same for you as well. Lagi

£20 GBP dalam sehari
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ImBanker

As a skilled and capable lawyer, I can assist you with drafting a Loan Agreement between two companies. My areas of specialty are Contract Law, Commercial Law and Corporate Law. You can view a sample of my legal work Lagi

£88 GBP dalam 5 hari
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AstuteAdvisory

Hi, We are team of professionals honing experience from all verticals of business being Legal, Tax/Accounts and HR. Our team consists of qualified Lawyers,CA/CPA's and seasoned HR Managers. We can prepare the taylor ma Lagi

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IshfaqKhan786

Hi, Hope you're fine. I have skills and 6 years experience in legal drafting and legal research. I I have drafted many kinds of contracts such as mutual agreement,asset purchase agreement, company agreement,profit sha Lagi

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zafarkhan87

My name is Zafar Khan. I have a bachelors degree in both Law and Business from Middlesex University London. I have a Post grad Certificate in Company law, A post grad diploma in Company Law, and a Masters in Laws (Corp Lagi

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zarwaa

Haey sir! Certified CA is here Expert in legal documentation I can draft the loan agreement according to your data in 20$. I am extremely interested in your [login to view URL] I found my self the right person for this job Lagi

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mafajardov

Dear.  I am a lawyer with experience in corporate law.  I have worked for public and private entities in this area through the constitution of new companies or companies, merger of public and private companies, modifi Lagi

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stewartjlogan1

Combined twenty years of accounting, analytical and project management experience (as qualified accountant based in UK).  Enthusiastic, proactive and accomplished successful roles within the financial services sector.  Lagi

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Perismagoma

I am an excellent researcher, i am very keen and can deliver within the agreed timelines. I pay attention to detail and i let my work speak for me.

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Lawyerutkarsh

I am keen to grab this opportunity, as being an In House Counsel(Legal) for some companies, I have gained expertise in drafting business contracts, privacy policy and terms of use. I have the knowledge of ins and outs Lagi

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UniversalwriterJ

Hi! I went over your job post and I see that you are in need of a LEGAL professional. It's my pleasure to help! I am a certified Attorney-at-Law, contract specialist and a professional writer on a variety of genres wi Lagi

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pahanbala

We offer a wide range of Legal services to our clients, through our dedicated team of experienced legal professionals. We mainly provide our services to corporate clients worldwide in the areas related to drafting/ ve Lagi

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