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Facility Letter

Facility Letter

R 1,550.00 ZAR
R 1,550.00 ZAR
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This Facility Letter template is for use to confirm a loan facility offered by a lender to a potential borrower and describes the principal terms on which the loan facility or facilities (in the case of multiple loans under one facility) will be granted including the loan amount, interest rate, duration of the loan, payment conditions, provisions regarding early repayment, financial covenants other obligations and the conditions precedent.

The Facility Letter template consists of the Facility Letter plus the Schedule attached to the Facility Letter containing additional legal and commercial terms and conditions applicable to the Facility/ies to be granted by the lender to the borrower.

Legally Approved

Our legal templates are drafted by qualified and experienced attorneys and legal advisors qualified to act as such under the laws of the Republic of South Africa with more than 40 years combined experience.

Easy Editing

Our legal templates will be provided to you in an editable format to enable you to make such necessary amendments to cater for your specific requirements.

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Frequently Asked Questions

Who is Ink Legal?

Ink Legal was created by a group of qualified and experienced attorneys and legal advisors with more than 40 years combined experience in a wide variety of legal matters under the laws of the Republic of South Africa with the aim to provide its users with cost effective, efficient virtual solutions.

Where is Ink Legal situated at?

Ink Legal’s main place of business is in Centurion, Gauteng, the Republic of South Africa.

Who is Ink Legal's CEO?

Our CEO is Heike Ernst.  Heike was admitted as an attorney in 2005, after which she practiced as an associate attorney in private practice, specialising in litigation and commercial law. In 2008 she was appointed as the Company Secretary and General Counsel of the Raubex Group, a JSE-listed company specialising in construction, mining and materials handling. Her expertise lies in providing a structure to boards, corporate governance advice and support in the form of outlining the processes which must be followed for good corporate governance decision making. This includes legal advice, administrative support and guidance. By creating these structures in a company, she is well positioned to see the whole picture and are able to add value to a company as a whole.Heike also handled many mergers and acquisitions in her time at Raubex, which gained her a lot of Competition Law experience.

How do I know the document I buy is legally sound?

All our legal templates are drafted by qualified and experienced attorneys and legal advisors qualified to act as such under the laws of the Republic of South Africa with more than 40 years combined experience.

How will I be granted access to the template or online solution I select?

Access to the legal template or virtual legal solution you want to purchase will immediately be granted to you once purchased through our virtual store. You will be provided with a link giving you direct and immediate access to your purchased products.

Will I be able to edit the template I select?

Yes, our legal templates will be provided to you in an editable format to enable you to make such necessary amendments to cater for your specific requirements.

Who do I contact with any enquiries?

You can make contact with us via legal@inklegal.co.za or via the live chat function on our website.