Private loan contract format template

Lender: × ×

Borrower: ××

I. Borrowing purposes

Zhang × × is engaged in self-employment and urgently needs a fund.

Second, the amount of the loan

The borrower borrowed RMB ** million from the lender.

Third, the interest on the loan

From the date of the loan, the interest is calculated based on the actual amount of the loan, and compound interest is calculated. During the borrowing period stipulated in the contract, the annual profit is 7%. If the borrower fails to repay the loan on time, the overdue partial interest rate will be 0.5%.

Fourth, the term of the loan

The Borrower guarantees that the loan will be repaid in accordance with the interest specified in this contract from **Year* to **Year*. In the part of the loan that is overdue, the lender has a license period to recover the loan.

V. Change of terms

When the state changes the interest rate and needs to change the terms of the contract, the two parties sign the file of the change contract as part of this contract.

6. Rights and obligations

The lender has the right to supervise the use of the loan and understand the solvency of the borrower. The borrower should provide relevant information truthfully. If the borrower does not use the loan as stipulated in the contract, the lender has the right to recover part of the loan and impose a penalty interest on the default part with reference to the bank. If the lender repays the loan in advance, the interest shall be reduced as required.

Seven, warranty terms

The borrower uses 6 private houses to make a mortgage, and the loan cannot be returned to the lender, and the lender has the right to handle the collateral. If the borrower returns the loan as it is due, the mortgage will be extinguished.

The borrower must use the loan in accordance with the purposes stipulated in the loan contract, and may not use it for other purposes, and may not use the loan for illegal activities.

The borrower must repay the principal and interest according to the time limit stipulated in the contract.

The borrower is obliged to accept the inspection by the lender, supervise the use of the loan, and understand the borrower's plan execution, operation management, financial activities, and material inventory.

When a guarantor guarantee is required, the guarantor has the right to recover from the borrower after performing the joint and several liability, and the borrower is obliged to repay the guarantor.

Eight, the solution to the contract dispute

The disputes arising during the performance of this contract shall be settled by friendly negotiation between the parties and may also be settled by a third party. If the negotiation or mediation fails, it may be brought to the people's court by any party according to law.

9. If the contract is not agreed, it shall be implemented in accordance with the relevant provisions of the Contract Law of the People's Republic of China.

This contract is in two copies, and each party holds one copy.

lender:__________________

Borrower:__________________

Contract signing date ______________

Contractor: __________________, ________________, both parties hereby enter into this contract for the purpose of borrowing, the terms are as follows:

1. Party A is willing to lend with Party B's RMB __________ yuan. At the same time as the conclusion of this Agreement, Party A shall pay Party B without any additional evidence.

2. The term of the loan is _____ years, from the ____________________________________________________________________________________________________________

Third, the interest rate per 10,000 yuan per month ________ yuan, B should be paid to Party A on the ____ day of the month, and must not be in arrears.

4. In the event of failure to return, Party B shall pay Party A in addition to the interest paid and pay the penalty in accordance with the interest rate.

5. The creditor's rights of this contract, Party A is free to let others, and Party B shall not object.

6. Party B shall appoint a guarantor to ensure the performance of this contract. It is willing to share the responsibility of returning to Beneley with Party B and abandon the right of first-instance defense.

Party A: ________________

Party B: ________________

Joint guarantor: __________

________year month day