Facility Agreement – Term Sheet (Bilateral Terms)
A practical summary of key loan terms between a lender and a borrower, setting out principal points before drafting the full Facility Agreement. Helps ensure clarity, alignment, and efficiency in negotiations.
Key Benefits:
Identifies lender, borrower, and facility type.
Specifies loan amount, purpose, and drawdown conditions.
Outlines interest, fees, repayment terms, and security.
Records covenants, events of default, and governing law.
Reduces disputes, saves time, and supports compliance checks.
Perfect for bank loans, private lending, or corporate financing arrangements.
From £99
A document tailored precisely to your needs. Enjoy a free initial discussion before we prepare a quote. Each stage of work is charged at a fixed fee.