Private lending contract
Lender:
Borrower:
Guarantee party:
In order to carry out production, the borrower applies for loans from the lender and employs it as the guarantor. The lender has reviewed and approved the contract, and the contract has been concluded by the three parties for mutual compliance.
First loan type
Article 2 Borrowing purposes
Article 3 The amount of the loan is RMB yuan.
Article 4 The interest rate of the borrowing interest is one thousandth. The profit is calculated according to the present situation. If the state adjusts the interest rate, it shall be calculated according to the new regulations.
Article 5 Term of Borrowing and Repayment
Article 6 Sources of Repayment Funds and Ways of Repayment
1. Source of repayment funds:
2. Repayment method:
Article 7 Guarantee Terms
1. The borrower uses the mortgage as the mortgage, and the loan cannot be returned to the lender, and the lender has the right to deal with the collateral. If the borrower returns the loan as it is due, the collateral will be returned to the borrower by the lender.
2. 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.
3. The borrower must repay the principal and interest according to the time limit stipulated in the contract.
4. The borrower is obliged to accept the inspection of the lender, supervise the use of the loan, and understand the borrower's plan execution, operation management, financial activities, material inventory and so on. The borrower shall provide relevant plans, statistics, financial accounting statements and information.
5. When a guarantor guarantee is required, the guarantor has the right to recover from the lender after the joint responsibilities are performed, and the lender is obliged to repay the guarantor.
Article 8 Liability for breach of contract
1. Borrower's liability for breach of contract
1. The borrower does not use the loan according to the purpose stipulated in the contract. The lender has the right to recover part or all of the loan, and the penalty portion is charged at the interest rate stipulated by the bank. If the circumstances are serious, the bank can stop issuing new loans within a certain period of time.
2. If the borrower fails to repay the loan within the time limit, the lender has the right to recover the loan and add the penalty interest according to the bank regulations. If the borrower repays the loan in advance, it shall add or subtract interest as required.
3. If the borrower uses the loan to cause loss of waste or use the loan contract to carry out illegal activities, the lender shall recover the principal and interest of the loan, and the relevant unit shall be subject to administrative and economic responsibility for the directly responsible person. If the circumstances are serious, the judicial authorities shall pursue criminal responsibility.
Second, the lender's liability for breach of contract
1. If the lender fails to provide the loan on time, it shall pay the borrower liquidated damages according to the amount of the breach and the number of days of extension. The calculation of the amount of liquidated damages shall be the same as the calculation of the penalty interest of the borrower.
2. The staff of banks and credit cooperatives shall be investigated for administrative and economic responsibilities if they are wasted or lost due to dereliction of duty or use the loan contract for illegal activities. If the circumstances are serious, the judicial authorities shall pursue criminal responsibility.
Article 9: Ways to resolve contract disputes: The dispute arising from the execution of this contract shall be settled by both parties through negotiation. If the negotiation fails, the parties agree to be arbitrated by the Arbitration Commission or to the People's Court.
Article 10 Other
This contract is not subject to change or cancellation of the contract as stipulated in the Loan Contract Regulations. No party may change or cancel the contract without authorization. When a party changes or terminates the loan contract in accordance with the requirements of the Loan Contract Regulations, it shall promptly notify the other parties in writing and reach a written agreement. After the change or cancellation of this contract, the borrowings and interest payable by the borrower shall still be repaid in accordance with the provisions of this contract.
If there are any unfinished matters in this contract, it shall be supplemented by the parties to the contract to make additional provisions, and the supplementary provisions shall have the same effect as this contract.
The original of this contract is in triplicate. The lender, the borrower and the guarantor each hold one copy; the copy of the contract is one-form, and the relevant units are kept in the copy.
Lender:
address:
telephone number:
Borrower:
address:
telephone number:
Guarantee party:
address:
telephone number:
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