Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Credit Loan Agreement
1. Parties: Identification of the lender and borrower with full legal names, addresses, and registration numbers/ID details
2. Background: Context of the loan agreement and purpose of the credit facility
3. Definitions: Definitions of key terms used throughout the agreement
4. Loan Amount and Purpose: Specification of the credit amount, currency, and permitted use of the loan
5. Interest Rate and APR: Details of interest rate, calculation method, Annual Percentage Rate (APR), and total cost of credit
6. Repayment Terms: Payment schedule, method of payments, and repayment structure
7. Fees and Charges: All applicable fees, charges, and costs associated with the loan
8. Conditions Precedent: Conditions that must be satisfied before the loan is made available
9. Representations and Warranties: Borrower's confirmations regarding their financial status, legal capacity, and accuracy of provided information
10. Borrower's Obligations: Ongoing obligations of the borrower during the term of the loan
11. Events of Default: Circumstances that constitute default and their consequences
12. Early Repayment: Terms and conditions for early repayment and any associated fees
13. Notices: Communication methods and contact details for formal notices
14. Governing Law and Jurisdiction: Confirmation of Danish law as governing law and jurisdiction for disputes
1. Security: Details of any collateral or security provided for the loan - used when the loan is secured
2. Guarantees: Terms of any guarantees provided - included when there are third-party guarantors
3. Insurance Requirements: Mandatory insurance requirements - included when specific insurance coverage is required
4. Co-borrower Provisions: Additional terms for co-borrowers - used when there are multiple borrowers
5. Draw-down Mechanics: Procedures for drawing down the loan - used for facilities with multiple draw-downs
6. Special Repayment Terms: Any special repayment arrangements - used for non-standard repayment structures
7. Data Protection: Specific data protection and privacy terms - recommended for consumer loans
8. Assignment and Transfer: Terms for transferring or assigning the loan - used when transfer rights are important to the lender
1. Repayment Schedule: Detailed amortization table showing payment dates, amounts, and breakdown of principal and interest
2. Fee Schedule: Comprehensive list of all applicable fees and charges
3. Standard European Consumer Credit Information: Standardized information sheet required by EU regulations
4. Direct Debit Authorization: Form for setting up automatic payment arrangements
5. Security Documents: Details of any security arrangements and related documentation
6. Key Information Document: Summary of key terms and conditions as required by Danish consumer protection laws
7. Contact Details: List of relevant contact points for both parties
8. Complaint Procedures: Information about complaint handling and dispute resolution procedures
Authors
Find the exact document you need
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.