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Loan Extension Agreement Template - South Africa

R 680.83
R 414.43
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A legally binding agreement to extend the term of an existing loan.

  • Keeps existing interest rates.
  • Can be an opportunity to renegotiate terms.
  • Prevents default, foreclosure, penalties

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Loan Extension Agreement Template - South Africa

Summary

Who should use this Extension of Loan Agreement?  A Extension of  Loan Agreement is used when one party has borrowed money to another and the parties would like to extend the final repayment date set out in the original Loan agreement

What does the template Extension of Loan Agreement say?


  • Parties to the Agreement

  • Original Loan Agreement referred.

  • Extension

  • Additional Terms

  • Signatures


What does the Extension of Loan Agreement look like? The template ante-nuptial contract can be printed onto two A4 pages.

What do you need to do to use the Extension of Loan Agreement?


  • Read the template Extension of Loan Agreement document to ensure that it suits your requirements. Make changes as required.

  • Make sure that the blanks have been filled in, including details of any exclusions.


Also known as:  Amendment to Loan Agreement.

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