Guarantee loan contract model

Lender: ________________________ Bank;

Legal representative: ________ Position: ____

Address: ________ Postal Code: ____ Phone: ____

Borrower: ________________________

Legal representative: ________ Position: ____

Address: ________ Postal Code: ____ Phone: ____

guarantor:________________________

Legal representative: ________ Position: ____

Address: ________ Postal Code: ____ Phone: ____

After full consultation, the three parties signed this contract.

Article 1 From the ____________________________________________________________________________________________________________________________________________________________________________________________________________________ The loan and repayment plan is as follows:

Instalment loan plan installment repayment plan

Date amount interest rate use date borrowing principal

Article 2 The lender shall provide loans to the borrower on time and in accordance with the amount. Otherwise, the borrower shall be liable to liquidated damages according to the amount of default and the number of days of extension. The calculation of the full amount of default shall be the same as the penalty for overdue loans.

Article 3 The interest rate of the loan shall bear interest at the current interest rate of the bank loan. In case of adjustment, it is calculated according to the adjusted new interest rate and interest-bearing method.

Article 4 The borrower shall use the loan in accordance with the agreement and shall not transfer the use. Otherwise, the lender has the right to stop issuing new loans until the loan has been repaid.

Article 5 If the borrower fails to use the funds according to the prescribed time and amount, the borrower shall pay the liquidated party liquidated damages. Liquidated damages are calculated based on the loan amount and the number of days, based on 50% of the borrowing rate.

Article 6 The borrower guarantees to return the principal and interest of the loan according to the time limit set by the loan contract. If an extension is required, the borrower shall file an application for extension no later than three days before the expiration of the loan, and the extension shall be completed with the consent of the lender, but the extension shall not exceed half of the original period. The lender has not agreed to extend or not apply for the extension. Overdue loans, plus penalty interest.

Article 7 The borrower's loan is guaranteed by the guarantor with ____________.

Article 8 One month after the expiration of the loan, if the borrower fails to return the principal and interest on time, the guarantee unit shall be responsible for repaying the principal and interest and the overdue penalty interest for the borrower.

Article 9 Supplementary Provisions

Article 10 This contract is in quadruplicate, and each party to the loan shall hold one original, one for the guarantee party and one for the notary public.

Article 11 This contract shall become effective on the date of signature by the three parties.

Lender: ________________________

Representative: ____________

Borrower: ________________________

Representative: ____________

guarantor:________________________

Representative: ____________

____year month day