Document background
The Loan Agreement Between Two Companies is a crucial document used when one company wishes to provide financing to another company in Singapore. It provides a comprehensive framework for commercial lending, ensuring compliance with Singapore's regulatory requirements including the Companies Act, Banking Act, and relevant MAS guidelines. The agreement typically includes detailed provisions on loan amount, interest calculations, repayment schedules, security arrangements, events of default, and remedies. It's particularly important for protecting both parties' interests and ensuring clarity in their financial relationship, while maintaining compliance with Singapore's strict financial regulations and corporate governance requirements.
