Simple Loan Agreement Between Friends for Malta

Simple Loan Agreement Between Friends Template for Malta

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Simple Loan Agreement Between Friends

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Simple Loan Agreement Between Friends

"I need a Simple Loan Agreement Between Friends under Maltese law for lending €5,000 to my close friend, with monthly repayments over 12 months starting March 2025, no interest, and a clause about early repayment options."

Your data doesn't train Genie's AI

You keep IP ownership of your information

Generate a Bespoke Document

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Simple Loan Agreement Between Friends

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Simple Loan Agreement Between Friends?

The Simple Loan Agreement Between Friends is designed for situations where one individual is lending money to another in a personal capacity within Malta's jurisdiction. This document bridges the gap between informal lending and legal protection, providing a clear record of the arrangement while maintaining the friendly nature of the transaction. It's particularly useful when the loan amount is significant enough to warrant documentation but doesn't require the complexity of a commercial loan agreement. The document includes essential elements such as loan amount, repayment terms, and basic obligations while complying with Maltese civil law requirements. It's intended to protect both parties' interests while preserving their relationship, offering a balance between legal formality and personal trust.

What sections should be included in a Simple Loan Agreement Between Friends?

1. Parties: Identification of the Lender and Borrower with full legal names and addresses

2. Background: Brief context of the friendly loan arrangement and relationship between parties

3. Definitions: Key terms used in the agreement including 'Loan Amount', 'Interest Rate' (if applicable), 'Repayment Date'

4. Loan Details: Specific amount being lent and confirmation of receipt or payment method

5. Repayment Terms: Schedule of repayment including dates, amounts, and payment method

6. Default: Consequences of missing payments and what constitutes a default

7. Representations: Basic statements that both parties are legally able to enter into the agreement

8. Governing Law: Confirmation that Maltese law governs the agreement

9. Signatures: Execution section for both parties to sign and date

What sections are optional to include in a Simple Loan Agreement Between Friends?

1. Interest: Terms of interest if the loan is not interest-free, including rate and calculation method

2. Early Repayment: Provisions allowing early repayment and any associated terms

3. Security: If any assets are provided as security for the loan

4. Witnesses: Section for witness signatures if parties want additional verification

5. Dispute Resolution: Process for resolving any disagreements, typically through friendly discussion first

6. Assignment: Whether the loan can be transferred to other parties

7. Force Majeure: Provisions for unforeseen circumstances affecting repayment ability

What schedules should be included in a Simple Loan Agreement Between Friends?

1. Repayment Schedule: Detailed breakdown of payment dates and amounts if multiple installments

2. Security Details: Description of any assets provided as security (if applicable)

3. Proof of Transfer: Copy of bank transfer or receipt confirming the loan amount

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Personal Finance

Private Lending

Consumer Services

Individual Services

Retail Banking

Personal Legal Services

Relevant Teams

Legal

Personal Banking

Wealth Management

Document Administration

Contract Management

Advisory Services

Relevant Roles

Legal Counsel

Paralegal

Personal Financial Advisor

Private Banking Relationship Manager

Wealth Manager

Legal Document Specialist

Contract Administrator

Personal Banking Officer

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Factoring Agreement

A Maltese law-governed agreement for the sale of business receivables to a financial institution, enabling working capital financing through factoring services.

find out more

Facility Loan Agreement

A Maltese law-governed agreement establishing terms and conditions for providing loan facilities, ensuring compliance with local banking regulations and EU directives.

find out more

Loan Participation Agreement

A Maltese law-governed agreement establishing the terms for a participant's economic interest in a loan, including rights, obligations, and payment mechanisms in compliance with Maltese financial services legislation.

find out more

Seller Financing Agreement

A Maltese law-governed agreement combining property sale terms with seller-provided financing arrangements, including purchase, payment terms, and security provisions.

find out more

Loan Agreement Deed

A Maltese notarial deed formalizing a loan agreement, creating an executive title under Maltese law with enhanced enforceability.

find out more

Loan And Guarantee Agreement

A Maltese law-governed agreement establishing loan terms and associated guarantee provisions between lender, borrower, and guarantor(s).

find out more

Loan For Use Agreement

A Maltese law-governed agreement for the temporary, gratuitous loan of property from a lender to a borrower, regulated under the Maltese Civil Code.

find out more

Hire Purchase Agreement For Car

A Maltese law-governed agreement for the purchase of a vehicle through installment payments, where ownership transfers to the buyer after all payments are completed.

find out more

Car Installment Contract

A Maltese law-governed contract for vehicle purchase through installment payments, detailing financial terms and obligations of all parties.

find out more

Promissory Loan Agreement

A Maltese law-governed agreement combining a loan facility with a promissory note, detailing lending terms and repayment obligations.

find out more

Person To Person Loan Agreement

A legally binding loan agreement between private individuals under Maltese law, documenting loan terms, conditions, and obligations.

find out more

Master Loan Agreement

A Maltese law-governed agreement establishing the terms and conditions for a lending relationship between a financial institution and borrower, including facility terms, security arrangements, and regulatory compliance requirements.

find out more

Loan Payback Agreement

A Maltese law-governed agreement that establishes formal terms for loan repayment, including payment schedule, interest rates, and default provisions.

find out more

Simple Loan Agreement Between Friends

A legally compliant yet informal loan agreement between friends under Maltese law, documenting terms of lending and repayment.

find out more

Monthly Payment Plan Agreement

A Maltese law-governed agreement establishing terms for structured periodic payments, including payment schedule, obligations, and compliance requirements.

find out more

Vehicle Purchase Agreement With Monthly Payments

A Maltese law-governed agreement for vehicle purchase with monthly payment terms, incorporating local and EU consumer protection requirements.

find out more

Funding Term Sheet

A preliminary investment agreement outline under Maltese law that sets forth key terms and conditions for a proposed funding transaction.

find out more

Novation Lease Agreement

A Maltese law-governed agreement that substitutes either a landlord or tenant in an existing lease with a new party, transferring all associated rights and obligations.

find out more

Informal Loan Agreement

A straightforward loan agreement template compliant with Maltese law, suitable for informal lending between individuals or small businesses.

find out more

Loan Sharing Agreement

A Maltese law-governed agreement establishing terms for sharing a loan among multiple participants, defining rights, obligations, and administrative procedures.

find out more

Tool Loan Agreement

A Maltese law-governed agreement establishing terms for temporary tool lending, including usage conditions, maintenance responsibilities, and return requirements.

find out more

Unsecured Loan Agreement

A Maltese law-governed Unsecured Loan Agreement establishing terms and conditions for lending without collateral.

find out more

No Interest Loan Agreement

A Maltese law-governed agreement establishing terms for an interest-free loan between parties, including loan amount, repayment terms, and parties' obligations.

find out more

House Loan Agreement

A Maltese law-governed agreement between a lender and borrower(s) establishing terms and conditions for a residential property loan, including security arrangements and regulatory compliance requirements.

find out more

Guarantee Facility Agreement

A Maltese law-governed agreement establishing terms for a financial institution to issue guarantees on behalf of an applicant up to an agreed facility limit.

find out more

Personal Guarantee Loan Agreement

A Maltese law-governed agreement establishing terms for a personal guarantee securing a loan, detailing guarantor obligations and enforcement mechanisms.

find out more

Friendly Loan Agreement

A Maltese law-governed agreement formalizing a loan between parties with a pre-existing relationship, balancing informal nature with legal enforceability.

find out more

Loan Master Agreement

A Maltese law-governed master agreement establishing the framework for lending facilities between financial institutions and borrowers, setting out core terms and conditions for loan transactions.

find out more

Family Loan Agreement

A Maltese law-governed agreement formalizing loan arrangements between family members, establishing clear terms while maintaining familial considerations.

find out more

Financial Lease Contract

A Maltese law-governed agreement enabling asset financing through long-term lease arrangements with purchase options, regulated under Malta's Financial Institutions Act.

find out more

Loan With Collateral Agreement

A Maltese law-governed agreement establishing terms for a secured loan and detailing collateral arrangements, including security interest creation and enforcement provisions.

find out more

Business Loan Agreement

A Maltese law-governed agreement setting out terms and conditions for a financial institution to provide a business loan, including loan amount, interest, repayment terms, and security arrangements.

find out more

Mortgage Loan Agreement

A Maltese law-governed agreement establishing terms for a property-secured loan, including loan conditions, security arrangements, and enforcement rights.

find out more

Simple Loan Agreement

A Maltese law-governed agreement establishing terms for a basic lending arrangement between parties, including loan amount, interest, and repayment conditions.

find out more

Seller Financing Contract

A Maltese law-governed agreement combining property sale and seller-provided financing terms, structured to comply with Malta's property and financial services regulations.

find out more

Owner Finance Contract

A Maltese law-governed agreement combining property sale and owner financing arrangements, establishing terms for property purchase with seller-provided financing.

find out more

Loan Assumption Agreement

A Maltese law-governed agreement enabling the transfer of loan obligations from an original borrower to an assuming party, with the lender's consent.

find out more

Equipment Loan Agreement

A Maltese law-governed agreement establishing terms for temporary equipment loans between parties, including usage rights, responsibilities, and return conditions.

find out more

Basic Loan Agreement

A Maltese law-governed agreement establishing the core terms and conditions between a lender and borrower for a loan transaction.

find out more

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 AI Docs LeftGet Instant Access