The Small Business Loan Agreement is a crucial financial document used when a small business seeks funding from a financial institution in Australia. It serves as the primary contract governing the lending relationship, outlining all essential terms including loan amount, interest rates, repayment schedule, and security arrangements. This agreement is specifically designed to comply with Australian banking and finance laws, including ASIC regulations and the National Consumer Credit Protection Act where applicable. It's particularly important for new businesses, business expansion, working capital needs, or asset acquisition, providing legal protection for both the lender and borrower while ensuring clear documentation of all obligations and rights. The agreement typically includes provisions for security, guarantees, financial covenants, and reporting requirements appropriate for small business lending in the Australian context.
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: Identifies the lender and borrower with their full legal names, ACN/ABN, and registered addresses
2. Background: Outlines the context of the loan agreement, including the borrower's request for funding and the lender's agreement to provide it
3. Definitions: Defines key terms used throughout the agreement to ensure clear interpretation
4. Loan Details: Specifies the loan amount, interest rate, term of the loan, and purpose
5. Drawdown: Specifies the conditions precedent for drawdown and the drawdown process
6. Repayment Terms: Details the repayment schedule, payment methods, and early repayment provisions
7. Interest and Fees: Specifies how interest is calculated and charged, plus any applicable fees
8. Representations and Warranties: States the borrower's assertions about their legal and financial status
9. Borrower Covenants: Lists the borrower's ongoing obligations throughout the loan term
10. Events of Default: Defines what constitutes a default and the consequences thereof
11. General Provisions: Contains standard clauses including notices, amendments, governing law, and dispute resolution
1. Security: Required when the loan is secured by business assets or property
2. Guarantee: Required when there are personal or corporate guarantors for the loan
3. Insurance Requirements: Required when specific insurance coverage must be maintained
4. Special Conditions: Used when there are unique terms specific to this loan arrangement
5. Financial Covenants: Required for larger loans where financial ratios must be maintained
6. Change of Control: Required when restrictions on ownership changes are needed
7. Cross-Default: Used when the loan should be linked to other financial obligations
1. Schedule 1 - Loan Summary: Key financial terms including loan amount, interest rate, fees, and payment schedule
2. Schedule 2 - Drawdown Notice: Template form for requesting loan disbursement
3. Schedule 3 - Repayment Schedule: Detailed amortization schedule showing payment dates and amounts
4. Schedule 4 - Security Details: Description of any assets provided as security for the loan
5. Schedule 5 - Conditions Precedent: List of documents and conditions required before drawdown
6. Appendix A - Direct Debit Authority: Form authorizing automatic payment deductions
7. Appendix B - Guarantor Documents: Required guarantor forms and acknowledgments
8. Appendix C - Financial Reporting Requirements: Ƶ and requirements for ongoing financial reporting
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Banking
Small Business Retail
Professional Services
Manufacturing
Technology
Healthcare
Hospitality
Construction
Agriculture
Transportation
Real Estate
Relevant Teams
Legal
Finance
Credit Risk
Compliance
Commercial Banking
Business Banking
Loan Operations
Document Control
Risk Management
Client Relations
Relevant Roles
Chief Financial Officer
Finance Manager
Business Development Manager
Credit Risk Officer
Loan Officer
Compliance Officer
Legal Counsel
Business Banking Manager
Relationship Manager
Small Business Owner
Company Director
Financial Controller
Credit Analyst
Commercial Banking Officer
Risk Manager
Find the exact document you need
Evergreen Loan Agreement
An Australian law-governed perpetual loan facility agreement establishing an ongoing credit arrangement with automatic renewal provisions.
find out more
Personal Car Loan Contract
An Australian-law governed loan agreement for personal vehicle financing, compliant with national consumer credit legislation.
find out more
Cash Loan Simple Loan Agreement
An Australian-law governed agreement establishing terms and conditions for a monetary loan between a lender and borrower, compliant with national credit protection regulations.
find out more
Generic Loan Agreement
An Australian law-governed agreement establishing the terms and conditions for a loan between parties, including amount, interest, repayment terms, and security arrangements.
find out more
Term Loan Agreement Non Regulated
An Australian law-governed agreement for a fixed-term commercial loan facility, setting out terms and conditions for business lending outside consumer credit regulations.
find out more
Simple Equipment Loan Agreement
An Australian-compliant agreement governing the temporary loan of equipment between parties, including terms, conditions, and responsibilities.
find out more
Model Loan Agreement
An Australian-compliant template loan agreement covering essential lending terms and regulatory requirements for use in commercial and consumer lending contexts.
find out more
Facility Loan Agreement
An Australian law-governed agreement establishing terms and conditions for a loan facility, including facility amount, interest rates, repayment terms, and security arrangements.
find out more
Computer Equipment Loan Agreement
An Australian-law governed agreement establishing terms for temporary computer equipment loans, including usage conditions, maintenance responsibilities, and return procedures.
find out more
Standard Loan Agreement
An Australian-law governed agreement establishing terms for financial lending, including loan amount, interest, repayment terms, and security arrangements.
find out more
Master Securities Loan Agreement
An Australian law-governed agreement template for securities lending transactions between financial institutions, establishing terms for securities loans and collateral arrangements.
find out more
Film Equity Investment Agreement
Australian-law governed agreement for equity investment in film production, establishing investment terms, rights, and revenue sharing arrangements.
find out more
Co Financing Agreement
An Australian law-governed agreement establishing terms for multiple lenders to jointly provide financing to a borrower, subject to Australian banking and corporate regulations.
find out more
OverFacility Agreement
An Australian-law agreement establishing an overdraft facility between a financial institution and borrower, detailing credit limits, terms, and obligations.
find out more
Investment Loan Contract
An Australian law-governed agreement establishing terms and conditions for investment financing, including loan details, security arrangements, and regulatory compliance requirements.
find out more
Tripartite Loan Agreement
An Australian-law governed agreement establishing a three-way lending arrangement between a lender, borrower, and third party, detailing loan terms and party obligations.
find out more
Loan And Mortgage Agreement
An Australian law-governed agreement establishing loan terms and mortgage security arrangements over real property, compliant with national credit and property legislation.
find out more
Lease Hire Agreement
An Australian-compliant agreement governing the terms and conditions for hiring assets or equipment, suitable for both business and consumer leasing arrangements.
find out more
Hire Purchase Agreement For Car
An Australian law-compliant agreement for purchasing a vehicle through structured payments, with ownership transferring to the buyer upon final payment.
find out more
Deed Of Accession Loan Agreement
An Australian law-governed deed enabling a new party to join and assume rights and obligations under an existing loan agreement.
find out more
Co Borrower Loan Agreement
An Australian legal agreement establishing terms and conditions for multiple borrowers to jointly obtain and repay a loan, subject to Australian federal and state lending laws.
find out more
Bike Hire Purchase Agreement
An Australian law-governed agreement for the hire purchase of bicycles, establishing payment terms, usage conditions, and ownership transfer upon final payment.
find out more
Bridge Loan Contract
An Australian law-governed agreement for short-term interim financing, establishing loan terms, security arrangements, and repayment conditions.
find out more
Undertaking Loan Agreement
An Australian law-governed loan agreement detailing terms, conditions, and undertakings for financial accommodation between lender and borrower.
find out more
Trade Finance Agreement
An Australian law-governed agreement establishing trade finance facilities between a bank and borrower, detailing products, terms, and security arrangements.
find out more
Separation Financial Agreement
An Australian legal document that formalizes financial arrangements between separating couples under the Family Law Act 1975, detailing asset division and financial responsibilities.
find out more
Seller Financing Car Contract
An Australian contract for selling a vehicle with seller-provided financing, compliant with national consumer credit and state vehicle regulations.
find out more
Real Estate Loan Agreement
An Australian-law governed agreement establishing terms and conditions for a property-secured loan, including lending terms and security arrangements.
find out more
Mezzanine Loan Agreement
Australian law-governed agreement establishing terms for subordinated debt financing, including facility terms, security arrangements, and subordination mechanics.
find out more
Margin Loan Agreement
An Australian-compliant agreement governing margin lending arrangements between a financial institution and borrower, including security provisions and regulatory requirements.
find out more
Loan Swap Agreement
An Australian law-governed agreement for exchanging loan payment obligations between parties, typically involving different interest rates or currencies.
find out more
Loan Note Agreement
An Australian-law governed agreement documenting the issuance of debt securities, setting out terms for borrowing, repayment, and parties' rights and obligations.
find out more
Loan Agreement Between Spouses
An Australian-compliant loan agreement for use between married spouses, documenting loan terms and conditions while ensuring protection under family law.
find out more
Financial Support Agreement
An Australian law-governed agreement establishing terms and conditions for providing financial support between parties, including payment terms, conditions, and compliance requirements.
find out more
Financial Assistance Agreement
An Australian-law governed agreement establishing terms for providing financial assistance, including funding conditions, repayment terms, and party obligations.
find out more
Financial Agreement Between Two Parties
An Australian law-governed agreement establishing financial arrangements between two parties, including payment terms, security provisions, and regulatory compliance requirements.
find out more
Equity Funding Agreement
An Australian-law governed agreement that sets out the terms and conditions for equity investment in a company, including share issuance, investor rights, and governance arrangements.
find out more
Equipment Lease Purchase Agreement
An Australian-compliant agreement combining equipment leasing with a purchase option, allowing businesses to lease equipment with the possibility of ownership.
find out more
Equipment Lease Agreement With Option To Purchase
An Australian law-governed agreement allowing equipment lease with future purchase rights, combining rental flexibility with acquisition options.
find out more
Car Mortgage Agreement
An Australian-law governed agreement creating a security interest over a motor vehicle as collateral for a loan, compliant with national credit and personal property security legislation.
find out more
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)