Terms and Conditions

1. Introduction

1.1 These terms and conditions (the “Agreement”) constitute a legal agreement between [Loyal Finance Ltd], hereinafter referred to as the “Lender,” and the borrower, hereinafter referred to as the “Borrower.” By accepting a loan from the Lender, the Borrower agrees to be bound by the terms and conditions set forth in this Agreement.

2. Loan Agreement

2.1 The Lender agrees to provide a loan to the Borrower under the terms and conditions specified in this Agreement.

3. Loan Amount and Terms

3.1 The Loan Amount, interest rate, repayment schedule, and any additional fees are outlined in the Loan Agreement and provided separately to the Borrower.

4. Borrower’s Responsibilities

4.1 The Borrower agrees to:
a. Use the loan proceeds solely for business purposes as specified in the Loan Agreement.
b. Make timely repayments according to the agreed-upon schedule.
c. Notify the Lender of any changes in business operations that may affect the loan or the Borrower’s ability to repay.
d. Comply with all applicable laws and regulations related to the loan.

5. Interest and Fees

5.1 The Borrower is responsible for all interest and fees associated with the loan, as specified in the Loan Agreement.
5.2 Interest rates will be agreed in writing along with business loan terms.

6. Repayment

6.1 The Borrower shall make repayments in accordance with the repayment schedule outlined in the Loan Agreement. Early repayments may be subject to prepayment penalties, as specified in the Loan Agreement.

7. Default

7.1 If the Borrower fails to make a scheduled payment or breaches any other terms of this Agreement, the Lender may declare the entire outstanding balance due immediately.

8. Termination

8.1 Either party may terminate this Agreement with written notice to the other party, subject to any outstanding obligations and penalties specified in the Loan Agreement.

9. Privacy and Data Protection

9.1 The Lender will handle the Borrower’s personal and financial information in accordance with applicable data protection laws and the Lender’s privacy policy.

10. Governing Law

10.1 This Agreement is governed by and shall be construed in accordance with the laws of [United Kingdom], without regard to its conflict of laws principles.

11. Entire Agreement

11.1 This Agreement represents the entire understanding between the parties concerning the subject matter herein and supersedes all prior agreements, whether oral or written.

12. Contact Information

12.1 Any notices, requests, or communications under this Agreement should be sent to the following addresses info@loyalfinance.co.uk

13. Amendments

13.1 This Agreement may be amended only in writing and signed by both parties.

14. Severability

14.1 If any provision of this Agreement is deemed invalid or unenforceable, the remaining provisions shall remain in full force and effect.

15. Acceptance

15.1 By accepting the loan from Loyal Finance Ltd, the Borrower acknowledges that they have read, understood, and agreed to be bound by the terms and conditions of this Agreement.

Business Loans

Fast, fixed rate loans with repayment periods ranging from 6 months to 6 years.
  • Borrow £5,000 – £500,000
  • No fess if settled early
  • Rates from 9% per year

Interest-free line of credit

Use credit to spread business costs over 3 months.
  • £1000,00 to £200,000 credit limit
  • Easy to set up
  • 0% interest, flat fee from 4.0%