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It is a legal contract which is prepared by the financial institutes / banks when applicant for loan applies for a credit facility. This contract is also prepared for certify all the terms of the contract as well as the all the rules and regulation which are associated with the contract for the customer. This contract is become effective if the customer is agreed with all the terms and conditions of this contract and signed it. This is a legal document and also prepared by the lender in professional way. We are offering you to use our chosen credit contract template which is prepared according to the nature of this contract. Find below the preview of this template. Given below, the provided download button which is used for quick and easy downloads.

Definition:

A credit agreement is a legal contract in which a bank arranges to loan a customer a certain amount of money for a specified amount of time. The credit agreement outlines all the rules and regulations associated with the contract. This includes the interest that must be paid on the loan.

By: www.investopedia.com/terms/c/credit.asp

 

Credit Contract

Download: Credit Contract Template