Document background
A Secured Loan Note is commonly used in the Netherlands for commercial lending transactions where the lender requires security over the borrower's assets. This document type is essential when structuring secured financing under Dutch law, particularly for corporate borrowers seeking substantial funding with asset backing. The Secured Loan Note contains comprehensive provisions covering the loan terms, security package, and enforcement rights, while complying with Dutch security creation and perfection requirements. It includes specific Dutch law mechanisms such as parallel debt structures where multiple lenders are involved, and addresses registration requirements for different types of security interests. The document is typically used for bilateral loans but can be adapted for syndicated facilities, and is particularly relevant for transactions involving Dutch corporate entities or Dutch-situated assets.
