Document background
The Loan Market Agreement is a fundamental document used in Singapore's commercial lending landscape, essential for structuring and documenting credit facilities between financial institutions and borrowers. This agreement type follows established market standards while incorporating Singapore-specific legal and regulatory requirements. It serves as the primary contract governing the relationship between lenders and borrowers, detailing all aspects of the loan facility including drawdown mechanics, interest calculations, repayment terms, and security arrangements. The document is particularly crucial in Singapore's role as a major financial hub, where it facilitates both domestic and cross-border lending transactions while ensuring compliance with MAS guidelines and local banking regulations.
