Document background
The Simple Shareholder Loan Agreement is a fundamental document used when a shareholder provides financial support to an Irish company through a loan arrangement. This document is particularly relevant when companies need additional funding but prefer not to dilute existing shareholdings or seek external financing. The agreement complies with Irish corporate law requirements, particularly the Companies Act 2014, and includes essential terms such as loan amount, interest rates, repayment schedules, and any security arrangements. It's designed to formalize the lending relationship while protecting both parties' interests and ensuring proper documentation for accounting and tax purposes. The agreement can be used for both short-term working capital needs and longer-term strategic investments, making it a versatile instrument for corporate financing in Ireland.
