Document background
The Unregulated Credit Agreement is designed for commercial lending arrangements in Australia where the borrower is obtaining credit for business or investment purposes, thus falling outside the National Consumer Credit Protection Act. This document is typically used when financial institutions or private lenders provide credit facilities to corporate entities, sophisticated investors, or business ventures. It includes comprehensive terms covering facility details, drawdown mechanisms, security arrangements, covenants, and default provisions. The agreement's structure reflects Australian commercial law requirements while maintaining flexibility for complex business transactions. It's particularly suitable for commercial property financing, business expansion funding, investment facilities, and other business-purpose lending where the borrower doesn't require consumer credit protections.
