Tools › Industries › Finance and Insurance › Loan Agreement

Credit Intermediation Loan Agreement Template

Credit Intermediation and Related Activities · NAICS 522 · Loan Agreement

In the credit intermediation industry (NAICS 522), loan agreements are the backbone of transactions, whether you are a mortgage broker facilitating a commercial loan, a credit card issuing bank, or a direct lender. This specialized loan agreement template is designed for your specific needs, covering essential terms like principal, interest, repayment, collateral, and default remedies. It incorporates industry terminology and addresses regulatory considerations, helping you protect your interests and clearly define obligations. Use this tool to generate a solid draft that you can customize for each borrower and transaction.

When you need this document

When your credit intermediation business is advancing funds to a borrower, not just brokering a loan.
When you need a standardized agreement for short-term bridge financing to mortgage brokers or other intermediaries.
When you are a loan correspondent or direct lender making a commercial loan to a small business.
When you need a document that reflects the specific terms of a credit card receivable purchase or similar transaction.
When you want to ensure your loan terms comply with state usury laws and federal regulations (e.g., Truth in Lending Act if applicable).

What the generated draft includes

Parties and recitals identifying the lender and borrower and the purpose of the loan.
Loan terms section with principal amount, interest rate, repayment schedule, and maturity date.
Security and collateral provisions, including a security interest grant and description of collateral.
Representations and warranties from both parties regarding authority and accuracy.
Events of default and remedies, including acceleration and repossession rights.
General provisions: governing law, entire agreement, severability, and dispute resolution.

Frequently asked questions

Is this loan agreement suitable for consumer loans?

No, this template is designed for commercial or business-purpose loans typical of credit intermediation activities. Consumer loans are subject to additional federal and state regulations, such as TILA and RESPA, and require more specialized documentation.

Can I use this agreement if I am acting as a broker, not a lender?

If you are only brokering a loan between a borrower and a third-party lender, you should use a brokerage agreement instead. This loan agreement is for when you are the actual lender advancing funds.

Does this agreement include a personal guarantee?

No, but you can add a personal guarantee as an addendum if the borrower is a business entity and you require the owner's personal liability. The template includes a clause for additional covenants that can be customized.

Self-help document generator: you get a structured draft based on the facts you provide. It is not legal, tax, or financial advice; verify jurisdiction-specific rules before sending.