The RMB liquid fund loan is a contract between two business entities in which one party borrows money from the lender to manage the financial situation in the company. The contract is available in the People’s Republic of China. The borrower needs to go through a few evaluations before the loan is sanctioned. The transaction is mainly initiated to provide liquidity to the borrowing company. The loan is made with accordance to the contract law in the People’s Republic of China.
The RMB liquid fund loan contract should outline the required recitals and few other indispensable points with good clarity. This includes the amount of the loan that is sanctioned to the borrowing company by the lender along with the reason for the borrowing company to request for a loan, the term and rate of interest, repayment strategy, penalty clauses for default on payments and rights of both parties.
Download this USA Attorney made Original Agreement for only $9.9
If you need any alterations or have any queries, please fill out the contact form.