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A Loan Agreement is a binding contract where one party lends money to another, setting out the exact terms for repayment. Under Belgian civil law, these agreements must clearly state the loan amount, interest rate, and repayment schedule to be legally enforceable.

The agreement protects both lender and borrower by documenting key obligations, including collateral requirements, early repayment options, and default consequences. Belgian banks and financial institutions use standardized loan agreements that comply with the Financial Services and Markets Authority guidelines, while private loans between individuals must still follow basic contract law requirements in the Civil Code.

Use a Loan Agreement any time you lend or borrow money in Belgium, from major business loans to family lending arrangements. This document becomes essential when dealing with amounts over €1,500, as Belgian law requires written proof for loans above this threshold in civil proceedings.

A Loan Agreement proves particularly valuable during real estate purchases, business expansions, or personal lending scenarios. For regulated lenders like Belgian banks, it's mandatory under FSMA rules. Even for private loans between friends or family members, having this agreement helps prevent misunderstandings and provides legal protection if repayment issues arise.

• Loan Contract: Standard template for general business and personal loans, covering basic terms and conditions under Belgian civil law
• Personal Loan Contract Between Friends: Simplified agreement for private lending between individuals, meeting minimum legal requirements
• Standard Mortgage Contract: Specialized loan agreement for real estate financing with property as collateral
• Securities Lending Agreement: Complex agreement for lending financial instruments, regulated by FSMA
• Contract For Debt Repayment: Structured payment plan agreement for existing loans or debts

• Belgian Banks and Financial Institutions: Primary lenders who draft and issue standardized loan agreements under FSMA supervision
• Private Individuals: Both lenders and borrowers in personal loan situations, from family assistance to property purchases
• Business Owners: Small and medium enterprises seeking financing for operations or expansion
• Legal Professionals: Lawyers and notaries who review, customize, and validate loan agreements to ensure compliance
• Corporate Finance Officers: Representatives who negotiate and manage institutional lending arrangements
• Real Estate Developers: Frequent users of construction and development loan agreements with specialized terms

• Basic Details: Gather full legal names, addresses, and identification numbers of all parties involved
• Loan Terms: Define the exact amount, interest rate, and repayment schedule, including any early repayment options
• Security Details: Document any collateral, guarantees, or assets being used to secure the loan
• Default Provisions: Specify consequences and procedures for missed payments under Belgian civil law
• Compliance Check: Ensure interest rates comply with Belgian usury laws and FSMA regulations
• Signature Requirements: Prepare for proper witnessing and notarization if required by loan value or type
• Document Generation: Use our platform to create a legally-sound agreement that includes all mandatory elements

• Party Information: Complete legal names, addresses, and identification numbers of lender and borrower
• Loan Details: Principal amount, currency, and purpose of the loan clearly stated
• Interest Terms: Annual percentage rate, calculation method, and payment schedule per Belgian usury laws
• Repayment Structure: Detailed schedule, payment methods, and early repayment conditions
• Security Provisions: Description of any collateral or guarantees securing the loan
• Default Clauses: Consequences and remedies for missed payments under Belgian civil code
• Governing Law: Explicit reference to Belgian law and competent courts
• Signature Block: Space for dated signatures, witnesses, and notarization if required

A Loan Agreement differs significantly from a Debt Settlement Agreement in both purpose and timing. While both deal with financial obligations, they serve distinct functions under Belgian law.

• Purpose: Loan Agreements establish new lending relationships and set future payment terms, while Debt Settlement Agreements resolve existing debts, often with modified terms or partial forgiveness
• Timing of Creation: Loan Agreements are created before money changes hands, while Debt Settlement Agreements come into play after payment issues arise
• Legal Framework: Loan Agreements fall under Belgian contract and banking law, while Debt Settlement Agreements involve debt restructuring regulations and insolvency provisions
• Party Obligations: Loan Agreements focus on initial lending terms and regular repayment schedules, whereas Debt Settlement Agreements typically involve compromise terms and modified payment arrangements