The Equipment Loan Form Template UK is offered in multiple formats, including PDF, Word, and Google Docs, featuring customizable and printable samples.
Equipment Loan Form Template UK Editable – PrintableSample
Equipment Loan Form Template UK 1. Borrower Information 2. Lender Information 3. Equipment Details 4. Loan Period 5. Purpose of Loan 6. Borrower’s Responsibilities 7. Lender’s Responsibilities 8. Payment Terms 9. Liability and Insurance 10. Termination of Agreement 11. Signatures and Agreement 12. Declaration and Signatures
PDF
WORD
Examples
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
This Equipment Loan Form details the terms and conditions of the equipment loan agreement made between [Name of the Lender] and [Name of the Borrower] commencing on [Start Date].
The following equipment is being loaned: [List specific equipment such as machinery, tools, or vehicles along with serial numbers or identification marks].
The loan period shall commence on [Start Date] and shall terminate on [End Date], unless renewed or terminated earlier as per the provisions of this agreement.
The Borrower agrees to pay the Lender a fee of [Amount] for the duration of the loan, payable on [Payment Schedule, e.g., upfront, monthly].
The Borrower shall: (a) Utilize the equipment solely for its intended purpose, (b) Maintain the equipment in good condition, and (c) Return the equipment at the end of the loan period in the same condition, minus normal wear and tear.
The Borrower agrees to indemnify the Lender against any claims arising from the use of the equipment during the loan period.
This agreement shall be governed by the laws of [Jurisdiction, e.g., England and Wales].
[Signature of the Borrower]
[Name of the Borrower]
[Signature of the Lender]
[Name of the Lender]
[Name of the Borrower]
[Borrower’s Company Name]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
[Name of the Lender]
[Lender’s Company Name]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
This loan is entered into for the purpose of [Specify purpose such as project work, temporary needs, etc.].
The Lender agrees to lend the following equipment: [Provide a detailed description of the equipment, including models and specifications].
The equipment loan period will commence on [Start Date] and will terminate on [End Date], unless mutually agreed upon otherwise.
The Borrower agrees to pay a fee of [Amount] for the loan, to be paid in [Specify how the fees will be paid, e.g., in full at the start, in installments].
The Borrower is responsible for the care and maintenance of the equipment during the loan period and is liable for any damages beyond normal wear and tear.
Upon termination of the loan, the equipment must be returned in its original condition, accounting for reasonable use.
This agreement shall be governed by the laws of [Jurisdiction, e.g., England and Wales], and all disputes will be resolved in accordance with said laws.
[Signature of the Borrower]
[Name of the Borrower]
[Signature of the Lender]
[Name of the Lender]
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