# COMPANY LOAN AGREEMENT
Date: 4 September 2034
Parties: Northstar Kitchens Ltd and Elm Quay Finance Ltd
## 1. Purpose and parties
This company loan agreement is made on 4 September 2034 between Elm Quay Finance Ltd, company number 15028461, of 18 Harbour Street, Bristol BS1 4QA (lender), and Northstar Kitchens Ltd, company number 14987620, of 7 Foundry Lane, Bristol BS2 0RX (borrower).
## 2. Facts, scope and terms
The lender will advance £48,000 to the borrower's nominated account on 6 September 2034. The borrower confirms that the money is for working capital and not for a consumer purpose; the parties have checked their authority to enter this commercial agreement.
## 3. Process and responsibilities
Interest is fixed at 8% per annum on the outstanding principal, calculated daily on a 365-day year. If the full £48,000 remains outstanding for a 30-day month, the indicative interest is £315.62 (£48,000 × 8% × 30 ÷ 365), subject to the actual number of days and repayments.
## 4. Evidence, records and safeguards
Northstar will repay the principal in twelve equal monthly instalments of £4,000, beginning on 30 September 2034, with accrued interest paid on the same date. The scheduled principal totals £48,000; early repayment is permitted without a fee, with interest stopping on the amount repaid.
## 5. Review, escalation and outcome
Northstar must maintain its registered office details, use the advance lawfully, keep adequate financial records and notify Elm Quay within five business days of an insolvency event or material inability to pay. It gives no charge over assets and no personal guarantee under this document.
## 6. Reservations and practical protections
An unpaid sum attracts the contractual interest rate after its due date, subject to any applicable statutory limits and the court's powers. A material breach may lead, after written notice and a reasonable opportunity to remedy where appropriate, to acceleration of the unpaid balance; the lender must still follow lawful recovery and insolvency procedures.
## 7. England and Wales law and completion
This completed fictional agreement is governed by the law of England and Wales. Notices go to the addresses above, amendments must be in writing and signed by both companies, and nothing excludes liability or a remedy that cannot lawfully be excluded. It is not regulated consumer credit advice.