A Legal Forms Loan Agreement is a detailed, legally-binding document outlining the terms and conditions of a loan between two or more parties. It includes details such as the loan amount, repayment schedule, interest rate, collateral if applicable, as well as any other provisions agreed upon by the parties involved. By signing a loan agreement, both parties agree to abide by its provisions and to resolve any disputes through arbitration or litigation if necessary. A Legal Forms Loan Agreement helps ensure that all parties understand the nuances of the loan and are aware of their obligations. As such, it is an invaluable tool for protecting the interests of both the lender and the borrower.