The Working Capital Loan Agreement is essential for businesses seeking short-term financing in the Philippines. This document is used when a company requires funding for operational expenses, inventory purchases, or managing cash flow gaps. It establishes the legal framework for the lending relationship, incorporating requirements under Philippine banking laws and regulations, including the General Banking Law of 2000, Truth in Lending Act, and relevant Central Bank circulars. The agreement covers key aspects such as loan amount, interest calculation, repayment terms, security arrangements, events of default, and remedies available to the lender. It's particularly important for businesses experiencing seasonal fluctuations or rapid growth, providing them with flexible access to working capital while protecting both lender and borrower interests under Philippine law.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the lender and borrower with complete details as required by Philippine law
2. Background: Context of the working capital facility and purpose of the loan
3. Definitions and Interpretation: Definitions of terms used throughout the agreement and interpretation rules
4. The Facility: Details of the loan amount, purpose, and availability
5. Interest and Fees: Interest rate, calculation method, fees and charges in compliance with Philippine banking regulations
6. Drawdown: Conditions and procedures for accessing the loan facility
7. Repayment Terms: Payment schedule, prepayment provisions, and payment mechanics
8. Representations and Warranties: Standard and transaction-specific representations by the borrower
9. Covenants: Positive and negative covenants, including financial covenants
10. Events of Default: Circumstances constituting default and consequences
11. Security: Basic security provisions and enforcement rights
12. Boilerplate Provisions: Standard provisions including notices, amendments, governing law, and dispute resolution
1. Guarantees: Required when there are third-party guarantors for the loan
2. Insurance: Detailed insurance requirements when specific insurance coverage is required
3. Additional Security Provisions: Used when complex security arrangements are involved
4. Tax Provisions: Detailed tax provisions when complex tax implications exist
5. Change of Control: Required when borrower is a corporation and lender wants restrictions on ownership changes
6. Increased Costs and Market Disruption: For longer-term facilities or when market volatility protection is needed
7. Multiple Lenders: Required when there is more than one lender involved
1. Conditions Precedent: List of required documents and conditions before first drawdown
2. Drawdown Request Form: Standard form for requesting loan disbursements
3. Repayment Schedule: Detailed amortization or payment schedule
4. Security Details: Detailed description of all security/collateral
5. Fee Schedule: Breakdown of all applicable fees and charges
6. Mandatory Disclosure Statement: Truth in Lending Act disclosures as required by Philippine law
7. Financial Covenants Calculations: Formulas and methods for calculating financial covenants
Relevant legal definitions
Clauses
Relevant Industries
Banking & Financial Services
Manufacturing
Retail
Construction
Agriculture
Technology
Transportation & Logistics
Healthcare
Real Estate
Food & Beverage
Wholesale Trade
Import/Export
Small and Medium Enterprises
Relevant Teams
Legal
Finance
Treasury
Credit Risk
Compliance
Corporate Secretarial
Commercial Banking
Risk Management
Business Development
Operations
Relevant Roles
Chief Financial Officer
Finance Director
Treasury Manager
Corporate Lawyer
Legal Counsel
Credit Manager
Risk Manager
Commercial Banking Officer
Loan Officer
Financial Controller
Business Development Manager
Company Secretary
Compliance Officer
Managing Director
Finance Manager
Find the exact document you need
Personal Auto Loan Contract
A Philippine-law governed agreement for vehicle purchase financing, establishing loan terms and security arrangements in compliance with local banking and consumer protection regulations.
Download
Commercial Loan Contract
A Philippine law-governed agreement establishing terms and conditions for a commercial loan between a financial institution and a business borrower.
Download
Family Member Loan Agreement
A Philippine law-governed agreement that formalizes loan arrangements between family members, establishing clear terms while maintaining familial relationships.
Download
Business Investment Loan Agreement
A Philippine law-governed agreement establishing terms for a business investment loan between a financial institution and corporate borrower, including loan terms, security arrangements, and regulatory compliance requirements.
Download
Legal Financial Agreement Between Two Parties
A Philippine law-governed agreement establishing financial obligations between two parties, incorporating local regulatory requirements and transaction frameworks.
Download
Diy Loan Agreement
A comprehensive loan agreement template for use in the Philippines, ensuring compliance with local lending laws while protecting both lender and borrower interests.
Download
Employees Loan Agreement
A Philippine law-compliant agreement establishing terms and conditions for an employer-provided loan to an employee, including repayment through salary deductions.
Download
Model Loan Agreement
Standard loan agreement template compliant with Philippine law and banking regulations, suitable for various lending transactions.
Download
Master Securities Loan Agreement
A Philippine law-governed framework agreement for securities lending transactions between financial institutions, establishing terms for multiple securities loans.
Download
Film Equity Investment Agreement
A Philippine-law governed agreement establishing terms for equity investment in a film project, including investment structure, rights, and profit sharing arrangements.
Download
Interest Loan Agreement
A Philippine law-governed agreement establishing terms for a loan with interest, including principal amount, interest rates, repayment terms, and security arrangements.
Download
Co Financing Agreement
A legal agreement under Philippine law establishing terms for multiple parties to jointly finance a project, including rights, obligations, and coordination mechanisms between co-financiers.
Download
Loan And Guarantee Agreement
A Philippine law-governed agreement establishing terms for a loan facility and associated guarantee, combining lending terms with guarantee obligations under Philippine banking regulations.
Download
Mortgage Loan Assumption Agreement
A Philippine law-governed agreement that enables the transfer of mortgage loan obligations from an original borrower to an assuming party, outlining terms, conditions, and obligations of all parties involved.
Download
Deed Of Accession Loan Agreement
A Philippine law-governed deed that enables a new party to join and become bound by an existing loan agreement's terms and conditions.
Download
Co Borrower Loan Agreement
A Philippine law-governed agreement establishing joint liability between multiple borrowers for a loan, detailing terms, obligations, and shared responsibilities.
Download
Bridge Loan Contract
A Philippine law-governed agreement establishing terms for temporary financing through a bridge loan, ensuring compliance with local banking regulations while securing interim funding needs.
Download
Undertaking Loan Agreement
A Philippine law-governed loan agreement specifying terms, conditions, and obligations between lender and borrower, compliant with local banking regulations.
Download
Trade Finance Agreement
A Philippine law-governed agreement establishing trade finance facilities between a bank and borrower, setting out facility terms, security arrangements, and regulatory compliance requirements.
Download
Separation Financial Agreement
A Philippine law-governed agreement that formalizes the financial arrangements and asset division between separating spouses.
Download
Project Finance Contract
A Philippine law-governed financing agreement for large-scale infrastructure or development projects, establishing terms for project financing, security arrangements, and implementation requirements.
Download
Margin Loan Agreement
A Philippine law-governed agreement establishing terms for loans secured by securities as collateral, including margin requirements and enforcement provisions.
Download
Loan Swap Agreement
A Philippine law-governed agreement enabling the exchange of loan payment obligations between parties, including interest rate and/or currency swaps, with compliance to local banking regulations.
Download
Loan Borrower Agreement
A Philippine law-governed agreement establishing terms and conditions for a loan between a lender and borrower, ensuring compliance with local banking and financial regulations.
Download
Friends And Family Loan Agreement
A Philippine law-governed agreement that formalizes and documents loan arrangements between family members or friends, establishing clear terms and protecting both parties' interests.
Download
Financing Contract Agreement
A Philippine law-governed agreement establishing terms and conditions for a financing arrangement between lender and borrower, including facility details, security, and regulatory compliance requirements.
Download
Debt Agreement Loans
A Philippine law-governed agreement establishing loan terms between lender and borrower, including amount, interest, repayment schedule, and security arrangements.
Download
Car Mortgage Agreement
A Philippine law-governed agreement establishing a security interest in a vehicle as collateral for a loan, detailing financing terms and parties' obligations.
Download
Car Installment Agreement
A Philippine law-governed agreement establishing terms for vehicle purchase through installment payments, including financing terms, ownership rights, and party obligations.
Download
Business Loan Contract
A Philippine law-governed agreement establishing terms and conditions for a business loan between a financial institution and a business entity.
Download
Bridge Facility Agreement
A temporary financing arrangement under Philippine law providing interim funding until permanent financing is secured, subject to local banking regulations and BSP requirements.
Download
Installment Loan Agreement Promissory Note
A Philippine law-governed combined installment loan agreement and promissory note that establishes loan terms, repayment schedules, and security arrangements.
Download
Commercial Finance Agreement
A Philippine law-governed agreement establishing terms and conditions for commercial financing between a lender and corporate borrower.
Download
Mortgage Bond Agreement
A Philippine law-governed agreement establishing terms for issuing bonds secured by real estate mortgage, detailing security interests, bond terms, and regulatory compliance requirements.
Download
Master Asset Finance Agreement
A Philippine law-governed master agreement establishing terms for multiple asset-based financing transactions between financier and borrower.
Download
Car Loan Security Agreement
A Philippine-law governed security agreement creating a lender's security interest over a financed vehicle, incorporating mandatory consumer protection provisions and disclosure requirements.
Download
Small Business Loan Agreement
A Philippine-law governed agreement establishing terms and conditions for lending to small businesses, including loan terms, security arrangements, and regulatory compliance requirements.
Download
Recourse Loan Agreement
A Philippine law-governed loan agreement giving the lender rights to pursue the borrower's assets beyond collateral in case of default.
Download
Loan Agreement Between Lender Borrower And Guarantor
A Philippine law-governed agreement establishing loan terms between lender, borrower, and guarantor, including loan conditions, guarantor obligations, and security provisions.
Download
Loan Amortization Agreement
A Philippine-compliant agreement detailing loan terms and structured repayment schedules through regular amortization installments.
Download
ұԾ’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; ұԾ’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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)