Unsecured Loan Agreement Template for Switzerland

The Unsecured Loan Agreement is designed for use in situations where a lender provides financial accommodation to a borrower without requiring security or collateral. This document is particularly relevant in Switzerland and structured to comply with Swiss legal requirements, including the Swiss Code of Obligations and federal banking regulations. It is commonly used in both commercial and private lending contexts, where the lender has sufficient confidence in the borrower's creditworthiness based on factors such as financial standing, reputation, or business relationship. The agreement comprehensively covers loan amount, interest calculations, repayment terms, events of default, and remedies available to the lender, while adhering to Swiss regulatory requirements regarding interest rates, consumer protection (where applicable), and debt enforcement procedures.

1. Parties: Identification and details of the Lender and Borrower, including full legal names, addresses, and any registration numbers

2. Background: Context of the loan agreement and brief description of the parties' intentions

3. Definitions: Definitions of key terms used throughout the agreement

4. Loan Amount and Purpose: Specification of the loan amount, currency, and intended purpose of the loan

5. Interest: Interest rate, calculation method, and payment frequency

6. Drawdown: Conditions and process for disbursement of the loan

7. Repayment Terms: Schedule of repayments, payment methods, and currency

8. Representations and Warranties: Statements of fact by the Borrower about their financial condition and capacity

9. Borrower's Covenants: Ongoing obligations of the Borrower during the loan term

10. Events of Default: Circumstances constituting default and consequences

11. Acceleration: Lender's rights to demand immediate repayment under specified circumstances

12. Notices: Process and addresses for formal communications between parties

13. Governing Law and Jurisdiction: Confirmation of Swiss law as governing law and jurisdiction for disputes

14. Miscellaneous: Standard boilerplate provisions including severability, entire agreement, and amendments