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We present to your attention the current a sample of a loan agreement between legal entities, individual entrepreneurs and individualswhich is available in our program for documents. This sample was developed by our lawyers and it takes into account all the requirements of the Belarusian legislation, as well as the conditions that are most often encountered in practice. We have developed separately loan agreement only between individuals, in view of the cash settlement method provided for therein between the parties.
The loan agreement is considered concluded from the moment the Lender transfers it to the Borrower's bank account, moreover, for the amount that was actually transferred. If the borrower does not return the loan on time, interest is charged on the unpaid loan amount for the use of other people's funds.
The lender should take into account that the activity of providing 3 or more loans within a calendar month to one or several borrowers in an amount not exceeding 15 base units per borrower on the day of the conclusion of the agreement is recognized as an activity for the regular provision of microloans and requires compliance with the provisions of the Decree of the President of the Republic Belarus No. 000 dated June 325, 30 “On attracting and providing loans, activities of microfinance organizations”.
Loan agreement between individuals
We present to you for review and use samples of a loan agreement and receipts for the receipt and repayment of a loan based on the legislation of the Republic of Belarus. This sample agreement is suitable for individuals and most fully protects the rights of both parties, both the lender and the borrower. The subject of the agreement is the transfer of funds from the lender to the ownership of the borrower.