Cash facility agreement 

Use this contract: 

• To give the borrower the option of applying for loans up to the limit, as needed.
• Whether the loan is interest-free, with simple or compound annual interest, or one-off interest.
• Whether you lend in Swiss francs or foreign currency, in any amount.

Protect yourself legally as a lender with the following options: 

• Stipulation of the conditions precedent to the granting of credit and request for the creation of a real or personal security to guarantee repayment. 
• Prohibition on selling significant assets, taking on debt or giving more advantageous security to third-party creditors. 
• Obligation to regularly confirm declarations, disclose financial statements or tax returns, subject to immediate termination. 
• Interest on arrears and reminder charges in the event of late payment, with the borrower obliged to cover any legal costs in the event of enforcement. 
• Immediate termination in the event of a change of control, bankruptcy or insolvency of the borrower. 

Safeguard your interests as a borrower by using the following clauses: 

• Possibility of early repayment, in full or in part, with cessation of interest. 
• Flexible calculation of simple interest with the option of a single or regular payment. 
• Option to specify a single interest rate that does not depend on the term of the loan. 
• Option to accumulate compound interest at different periods. 
• Limitation of reminder fees.