USA lenders, provide revolving credit facilities to a corporate borrower with this
Revolving Loan Agreement.
- The Loan Agreement allows the borrower to borrow and reborrow funds up to a stated maximum amount.
- The borrower grants the lender a security interest in all of the borrower's assets and proceeds.
- Interest is computed daily and is payable monthly on the last day of the month.
- The loan may be paid out in whole or in part at any time without penalty.
This
USA Revolving Loan Agreement template is provided in MS Word format, and is fully editable to meet your needs.
