The Formal Letter For Borrowing Money is a crucial document used when one party wishes to formally borrow money from another in Singapore. It provides a clear written record of the loan agreement, protecting both parties' interests and ensuring compliance with Singapore's legal requirements. The document typically includes the loan amount, repayment schedule, any applicable interest rates, and consequences of default. It's particularly important for maintaining transparency and avoiding future disputes about loan terms. This document must comply with Singapore's Moneylenders Act and Civil Law Act, making it legally enforceable in Singapore courts if necessary.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Sender's Details: Full name, address, and contact information of the lender
2. Recipient's Details: Full name, address, and contact information of the borrower
3. Date: Date of the letter
4. Loan Amount: Specific amount being borrowed in numbers and words
5. Purpose of Loan: Clear statement of why the money is being borrowed
6. Repayment Terms: Detailed explanation of how and when the loan will be repaid
7. Signatures: Space for both parties to sign and date
1. Interest Rate: Terms of interest if applicable - to be included when the loan includes interest charges
2. Security/Collateral: Details of any assets provided as security - to be included when the loan is secured against assets
3. Witness Details: Space for witness signatures and details - to be included when formal witnessing is required
1. Repayment Schedule: Detailed breakdown of repayment dates and amounts
2. Identity Documents: Copies of identification documents of both parties
3. Security Documentation: Documents relating to any collateral or security
Relevant legal definitions
Loan Amount
Borrower
Lender
Interest Rate
Repayment Date
Repayment Schedule
Default
Business Day
Due Date
Party/Parties
Singapore Dollars
Written Notice
Guarantor
Security
Collateral
Event of Default
Interest Period
Late Payment Fee
Outstanding Balance
Principal Amount
Term of Loan
Working Day
Prepayment
Grace Period
Penalty Interest
Secured Assets
Witness
Force Majeure
Borrower
Lender
Interest Rate
Repayment Date
Repayment Schedule
Default
Business Day
Due Date
Party/Parties
Singapore Dollars
Written Notice
Guarantor
Security
Collateral
Event of Default
Interest Period
Late Payment Fee
Outstanding Balance
Principal Amount
Term of Loan
Working Day
Prepayment
Grace Period
Penalty Interest
Secured Assets
Witness
Force Majeure
Clauses
Loan Amount
Interest Rate
Repayment Terms
Default
Security
Representations and Warranties
Late Payment
Prepayment
Events of Default
Notice Requirements
Amendment and Modification
Governing Law
Dispute Resolution
Confidentiality
Assignment
Force Majeure
Severability
Entire Agreement
Default Interest
Acceleration
Collateral
Guarantees
Insurance
Cross-Default
Set-off Rights
Third-Party Rights
Change of Circumstances
Interest Rate
Repayment Terms
Default
Security
Representations and Warranties
Late Payment
Prepayment
Events of Default
Notice Requirements
Amendment and Modification
Governing Law
Dispute Resolution
Confidentiality
Assignment
Force Majeure
Severability
Entire Agreement
Default Interest
Acceleration
Collateral
Guarantees
Insurance
Cross-Default
Set-off Rights
Third-Party Rights
Change of Circumstances
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Unsecured Directors Loan Agreement
A Singapore legal document outlining unsecured loan terms between a company and its director.
Download
Student Loan Agreement
A Singapore legal document outlining terms for educational financing between a student and a financial institution.
Download
Simple Loan Application Form
A Singaporean legal document for collecting loan applicant information in compliance with local lending regulations.
Download
Simple Car Loan Agreement
A Singapore legal document standardizing vehicle loan terms, ensuring compliance with regulatory and consumer protection laws.
Download
Promissory Note Family Loan
A Singapore legal document formalizing family loans, detailing terms and preventing disputes under local law.
Download
Private Lending Term Sheet
A Singaporean legal document outlining preliminary loan terms and ensuring compliance with local moneylending regulations.
Download
Personal Loan Receipt
A Singapore legal document recording personal loan terms, ensuring compliance with lending regulations and preventing disputes.
Download
Payday Loan Contract
A Singapore legal document outlining payday loan terms, ensuring compliance with Moneylenders Act and borrower protections.
Download
Money Agreement Between Two Parties
A Singaporean legal document outlining terms for a loan agreement between two parties, ensuring compliance and protection.
Download
Loan Note
A Singapore legal document outlining debt obligations and compliance for various lending transactions.
Download
Loan Guarantee
A Singapore legal document guaranteeing third-party obligations in corporate and commercial financing arrangements.
Download
Loan Agreement With Guarantor
A Singapore legal document securing a loan with a guarantor, ensuring repayment under the Moneylenders Act.
Download
Loan Agreement With Collateral
A Singaporean legal document securing loans with collateral, detailing lender rights and compliance with local regulations.
Download
Investment Loan Contract
A Singapore legal document standardizing investment loans, ensuring compliance with MAS guidelines and banking regulations.
Download
Facility Agreement
A Singaporean legal document structuring loan arrangements, ensuring compliance with MAS guidelines and banking regulations.
Download
Debt Repayment Contract
A Singapore legal document detailing debt repayment terms, ensuring compliance with local laws and interest rate caps.
Download
Employee Laptop Loan Agreement
A Singapore legal document formalizing employee laptop loans, ensuring compliance with PDPA and asset protection.
Download
Employee Forgivable Loan Agreement
A Singapore legal document offering forgivable loans to employees, contingent on retention and performance criteria.
Download
Employee Cash Advance Agreement
A Singapore legal document outlining terms for employee cash advances, ensuring compliance with employment regulations.
Download
Borrowing Form
A Singapore legal document outlining loan terms, ensuring compliance with local lending regulations.
Download
Domestic Helper Loan Agreement
A Singapore legal document outlining financial assistance terms for foreign domestic workers, ensuring compliance with MOM guidelines.
Download
Device Loan Agreement
A Singapore legal template for temporary device loans, ensuring compliance with data protection and electronic transaction laws.
Download
Company Loan Form
A Singapore corporate document formalizing inter-company loans, ensuring compliance with financial regulations and customizable terms.
Download
Unsecured Loan Contract
A Singapore-law governed agreement establishing terms for an unsecured loan, compliant with local financial regulations.
Download
Unregulated Credit Agreement
A Singapore law-governed agreement for unregulated credit arrangements between private parties.
Download
Small Business Loan Contract
A Singapore-law governed agreement establishing terms for a small business loan, compliant with MAS guidelines and local banking regulations.
Download
Simple Equipment Borrowing Agreement
A Singapore-law governed agreement establishing terms for temporary equipment borrowing between parties.
Download
Simple Loan Promissory Note
A legally binding promise to repay a loan, governed by Singapore law, containing essential loan terms and repayment obligations.
Download
Payment Plan Car Payment Contract
A Singapore-governed contract establishing terms for vehicle purchase financing through scheduled payments, compliant with local banking and consumer protection laws.
Download
Pari Passu Loan Agreement
A Singapore law-governed loan agreement establishing equal ranking rights among multiple lenders for payment and security enforcement.
Download
Loan Out Agreement
A Singapore-law governed agreement where a company provides the services of a specific individual to another company, typically used in entertainment and professional services sectors.
Download
Loan Forgiveness Agreement
A Singapore-governed agreement that releases a borrower from loan repayment obligations, either partially or in full.
Download
Loan For Use Contract
A Singapore-law governed agreement allowing free temporary use of items with return obligations.
Download
Loan Facility Letter
A Singapore-law governed document setting out terms and conditions for a loan facility, issued by a financial institution to a borrower.
Download
Loan And Mortgage Agreement
A Singapore law-governed agreement combining a loan facility with property security through mortgage.
Download
Loan Agreement Term Sheet
A preliminary document outlining key terms of a proposed loan facility under Singapore law, serving as the basis for a detailed loan agreement.
Download
Loan Agreement Between Director And Company
A Singapore-law governed agreement documenting a loan from a director to their company, compliant with the Companies Act and corporate governance requirements.
Download
Loan Agreement Between Company And Individual
A Singapore-law governed agreement between a company and individual for the provision and repayment of a loan, including terms and conditions.
Download
No Loan Agreement
A Singapore-law governed agreement that formally documents and confirms the absence of any loan arrangement between parties.
Download
Memorandum Of Loan Agreement
A Singapore-law governed agreement documenting loan terms between lender and borrower, including amount, interest, and repayment conditions.
Download
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
.png)
.png)