Legal Documents for
Financing Your Business
Especially when it comes to company finances, you’ll want some good legal documents. Find shareholder loans, guarantees, documents to bring on investors, and more here.
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Shareholder Loan Agreement
Shareholders often loan money to their business, especially in the early stages of your company when you’re just getting started, and that’s what a Shareholder Loan Agreement is for. When you loan money to your company, the idea is the business will repay the loan at some point rather than giving you a taxable dividend. We’ll go over all the typical considerations for a shareholder loan, like whether you will charge interest and if the company has to make periodic payments or not.
Subscription (Purchase) Agreement
Found someone that wants to buy into your business? Amazing, it’s a great way to build a team and finance your business. Your legal agreement for selling a piece of your business doesn’t have to be a headache. We’ll go over the key things to put into your agreement when someone buys into your business.
This agreement works for corporations and partnerships.
Guarantor Contribution Agreement
You’d think that when several people guarantee a bank loan, lease, or some other obligation, the creditor would have to collect the fair share from each person if the company doesn’t pay the obligation, but that’s not how it works. The creditor can go after one or more of the people as it sees fit, usually going after the ones that actually have the money to pay. A Guarantor Contribution Agreement solves that problem by making an agreement among all the guarantors that they will reimburse anyone who pays more than their fair share.