Case Sharing

Key elements of the Friendly Loan Agreement:

1. Description of the parties

2. Loan details

3. Payment schedules

4. Indemnity

5. Waiver clause

6. etc

Salient terms:

1. Consequences of non-repayment

2. Communication methods (e.g. email & WhatsApp)

written by Foong Lan on April 7, 2024.