A loan agreement is a legal document that sets out the terms on which a lender agrees to lend money to a borrower. There are two types of loan agreements:

  • secured; and
  • unsecured.

A secured loan ensures the lender can recover its money by taking possession of the borrower’s asset(s), selling them and using the sales proceeds to repay the debt. If the loan is unsecured, the lender does not have any claim to borrower’s asset(s), in priority against other creditors of the borrower, if the borrower defaults (i.e. does not pay back the money).

Having a loan agreement in place allows the lender and borrower to enforce the terms of the agreement and show that the money was a loan and not a gift.

Downloading your free legal document is easy. Fill in the required information and your document will be emailed to you instantly.

LVConnect members can download all legal document templates free of charge. LVConnect membership also unlocks unlimited consultations with our lawyers, faster turnaround times and members-only discounts. Learn more about becoming a LVConnect member today.

Get Your NZ Loan Agreement

Free Document

  • Basic NZ Loan Agreement template
  • You choose which document is right for you
  • Self-serve online
  • Get your NZ Loan Agreement instantly
Download Now

Bespoke Document

  • Fully personalised NZ Loan Agreement
  • Complimentary initial consultation
  • Five business day turnaround
  • You are protected under our insurance
  • Access to a specialist lawyer
  • 30 minute complimentary consultation to discuss any changes to your NZ Loan Agreement
  • One round of amendments
Get a Quote

What’s included?

The LegalVision Loan Agreement is a short form, unsecured loan deed. Although the loan is unsecured, it does contain an optional guarantee clause which you can include if the borrower’s obligations under the loan agreement are being guaranteed by a third party (again the guarantor can be either a company or an individual).

This Loan Agreement has been drafted assuming that:

  • there is a single borrower (either a company or an individual) and a single lender (either a company or an individual);
  • the lender is not committed to provide the loan;
  • the loan is unsecured; and
  • the borrower must repay the loan on a fixed repayment date or, if the agreement provides, on demand.

This free template is 23 pages long and contains 15 clauses and 3 schedules.

Benefits of Choosing LegalVision

We know there are many online document websites and legal marketplaces to choose from. When you choose LegalVision, you can rest assured we are always here to help you after your purchase.

  • We are a New Zealand law firm with high client satisfaction scores (read our reviews);
  • All of our templates are drafted by New Zealand-qualified lawyers and regularly reviewed;
  • We have assisted many New Zealand businesses – our templates contain common clauses used by other New Zealand businesses;
  • You can email or call our team for a free consultation to discuss any legal questions.

Are you looking for another document?

Trustpilot 5 star rating

We’re rated 4.9/5 stars on Trustpilot, check out our reviews .

Our Awards

  • 2019 Top 25 Startups - LinkedIn
  • 2020 Innovation Award 2020 Excellence in Technology & Innovation Finalist – Australasian Law Awards
  • 2020 Employer of Choice Award 2020 Employer of Choice Winner – Australasian Lawyer
  • 2020 Financial Times Award 2021 Fastest Growing Law Firm - Financial Times APAC 500
  • 2021 Law Firm of the Year Award 2021 Law Firm of the Year - Australasian Law Awards
  • 2022 Law Firm of the Year Winner 2022 Law Firm of the Year - Australasian Law Awards

Why LegalVision?

  • Cost Certainty

    We offer our clients cost certainty and transparency through our low-cost monthly membership.

  • Responsive Timeframes

    We get back to you with a quote within two hours. We maximise efficiency and minimise delays by communicating with our clients on their terms and in a manner that suits them.

  • Specialist Lawyers

    Our lawyers are all specialists in their given field and have experience working with clients across a breadth of industries and regions.

  • Full Service Commercial Law Firm

    As a full service firm, we can assist your business with any commercial legal matter.

Get in Touch

Fill out the form below and a LegalVision team member will be in touch shortly!