Document background
This Cash Loan Simple Loan Agreement is designed for use in Denmark when documenting straightforward lending arrangements between parties. The agreement is particularly suitable for business-to-business or private lending scenarios where a clear and legally compliant documentation of a cash loan is required. It incorporates all essential elements required under Danish law, including compliance with the Danish Contracts Act (Aftaleloven), the Danish Interest Act (Renteloven), and where applicable, the Danish Credit Agreements Act (Kreditaftaleloven). The document is structured to ensure it meets Danish documentation requirements while remaining accessible and practical for regular business use. It includes provisions for loan amount, interest calculation, repayment terms, and default scenarios, with optional sections for security and guarantees if required.
