[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-162895-105":53,"doc-detail-162895-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","employee-loan-agreement-template","Employee Loan Agreement - Template","","Employee Loan Agreement template outlining the contractual relationship between an employer (lender) and an employee (borrower). It defines key terms such as Event of Default, Loan, and Repayment Date, then sets the loan’s delivery by bank transfer, permitted loan purpose, repayment through salary deductions or bank transfer, and the immediate acceleration on default. It also covers borrower costs, assignment limits, notice procedures, governing law, exclusive jurisdiction, and signature blocks with effective date.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/employee-loan-agreement-template/162895/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/employee-loan-agreement-template/162895.png","ImageObject",442,249,{"name":88,"@type":89},"Lucas Martin","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/vnd.openxmlformats-officedocument.wordprocessingml.document","2026-09-20","2026-08-30",true,{"@type":98,"interactionType":99,"userInteractionCount":79},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"How is the loan provided to the employee and what determines repayment timing?","Question",{"text":108,"@type":109},"The lender provides the loan by bank transfer to the employee’s account. Repayment is scheduled on each Repayment Date listed in the agreement.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"What happens if an Event of Default occurs?",{"text":113,"@type":109},"The loan becomes immediately repayable on demand by the lender, together with all accrued interest and any other outstanding amounts.",{"name":115,"@type":106,"acceptedAnswer":116},"What are the employer and employee rules for notices and applicable law?",{"text":117,"@type":109},"Notices must be in writing and delivered by hand or pre-paid first class post or other next working day service, with deemed receipt rules. The agreement is governed by the law of England and Wales and disputes are handled by the courts of England and Wales with exclusive jurisdiction.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},162895,1788133662,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":79,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":47,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":125,"read_time":73},8796095360427,"https://ap-avatar.wpscdn.com/davatar_994ba38a5ba835b3df7d355c54d3ed8d","Employee Loan Agreement\nPARTIES\n[FULL BORROWER (EMPLOYEE) NAME] of [ADDRESS] (Borrower)\n[FULL LENDER (EMPLOYER NAME] incorporated and registered in England and Wales with company number [NUMBER] whose registered office is at [REGISTERED OFFICE ADDRESS] (Lender)\nAGREED TERMS\n\u0013TC \"1. Definitions\" \\l 1\u0015Definitions\nThe following definitions apply in this agreement.\nEvent of Default: any event or circumstance listed in \u0013PAGEREF a329656\\# \"'clause '\"  \\h\u0014clause \u0015\u0013REF a329656 \\h \\w \\* MERGEFORMAT \u00148\u0015 of this agreement.\nLoan: the sum of £[AMOUNT] lent or to be lent by the Lender to the Borrower or (as the context requires) the total amount outstanding of that sum.\nRepayment Date: each of the dates set out in \u0013PAGEREF a780808\\# \"'clause '\"  \\h\u0014clause \u0015\u0013REF a780808 \\h \\w \\* MERGEFORMAT \u00144\u0015 below.\n\u0013TC \"2. Loan\" \\l 1\u0015Loan\nThe Lender provides the Loan to the Borrower by bank transfer to the Borrower's account, subject to the terms of this agreement.\n\u0013TC \"3. Purpose of loan\" \\l 1\u0015Purpose of loan\u0013MACROBUTTON optional\u0015\nThe Borrower will use the Loan to [DESCRIPTION OF PURPOSE (for example, \"apply for the Health & Care Worker Visa\" or \"buy plane tickets to the UK for the purpose of relocation\")].\n\u0013TC \"4. Repayment\" \\l 1\u0015Repayment\nThe Borrower will repay to the Lender the Loan in full by repaying the amount set out below opposite each Repayment Date, on that Repayment Date by direct deduction from any salary due to the Borrower (and, if the salary due to the Borrower is less than this amount, by repaying the shortfall by bank transfer to the Lender's account) unless an Event of Default occurs, in which case the Loan immediately becomes repayable on demand by the Lender, together with all accrued interest and any other amounts outstanding under this agreement.\nThe Borrower may repay to the Lender the Loan in full or in part at any time, following notice to the Lender specifying the amount of the repayment.\n\u0013TC \"6. Costs\" \\l 1\u0015Costs\nThe Borrower will pay to, or reimburse, the Lender on demand, on a standard basis, any costs and liabilities incurred by the Lender in relation to recovering the Loan.\n\u0013TC \"7. Assignment and other dealings\" \\l 1\u0015Assignment and other dealings\nThe Borrower may not assign any of their rights under this agreement. The Lender will only assign their rights under the agreement where this does not affect the Borrower’s rights under the agreement.\n\u0013TC \"8. Events of Default\" \\l 1\u0015Events of Default\nEach of the events set out in this clause is an Event of Default.\n\u0013TC \"8.1 Non-payment (optional clause)\" \\l 2\u0015Non-payment\nThe Borrower fails to pay any sum payable by them under this agreement when due, unless their failure to pay is caused solely either by:\nan administrative error or technical problem and payment is made within seven days of its due date; or\nan event (not caused by, and outside the control of, either party) that materially disrupts the systems that enable payments to be made or that otherwise prevents the Borrower from complying with their obligations under this agreement.\n\u0013TC \"8.2 End of employment\" \\l 2\u0015End of employment\nThe Borrower ceases to be employed by the Lender.\n\u0013TC \"8.3 Purpose\" \\l 2\u0015Purpose\u0013\u0015\nThe Borrower uses the Loan for any purpose other than the purpose specified in \u0013PAGEREF a493760\\# \"'clause '\"  \\h\u0014clause \u0015\u0013REF a493760 \\h \\w \\* MERGEFORMAT \u00143\u0015.\n\u0013TC \"8.4 Bankruptcy\" \\l 2\u0015Bankruptcy\nEither:\nthe Borrower stops or suspends payment of any of their debts or is unable to pay any of their debts as they fall due; or\na petition for a bankruptcy order is presented or a bankruptcy order is made against the Borrower or the Borrower makes an application for a bankruptcy order.\n\u0013TC \"8.5 Death\" \\l 2\u0015Death\nThe Borrower dies.\n\u0013TC \"9. Notices\" \\l 1\u0015Notices\nAny notice given under this agreement must be:\nin writing;\ndelivered by hand or sent by pre-paid first class post or other next working day delivery service; and\ngiven to the relevant party at their address as stated at the start of this agreement or as otherwise s","cbCainM5t0Gl4SgX","https://ap.wps.com/l/cbCainM5t0Gl4SgX","docx",69104,"English","# Definitions\n# Loan\n# Purpose of loan\n# Repayment\n# Costs\n# Assignment and other dealings\n# Events of Default\n## Non-payment (optional clause)\n## End of employment\n## Purpose\n## Bankruptcy\n## Death\n# Notices\n# Governing law\n# Jurisdiction","[{\"question\":\"How is the loan provided to the employee and what determines repayment timing?\",\"answer\":\"The lender provides the loan by bank transfer to the employee’s account. Repayment is scheduled on each Repayment Date listed in the agreement.\"},{\"question\":\"What happens if an Event of Default occurs?\",\"answer\":\"The loan becomes immediately repayable on demand by the lender, together with all accrued interest and any other outstanding amounts.\"},{\"question\":\"What are the employer and employee rules for notices and applicable law?\",\"answer\":\"Notices must be in writing and delivered by hand or pre-paid first class post or other next working day service, with deemed receipt rules. The agreement is governed by the law of England and Wales and disputes are handled by the courts of England and Wales with exclusive jurisdiction.\"}]","Employee Loan Agreement - Template | DOCX"]