This PPSR Loan Agreement Template provides the precedents needed to create loans secured by registration on the personal property security register (PPSR). It covers commercial loans to companies, secured by registration over circulating and non-circulating assets. The precedent loan agreement creates of a security interest that may be attached and registered on the PPSR.
Division 7A Loan Agreement documents regarding borrowing money from a private company which can have serious pitfalls if not done correctly. Directors and shareholders often borrow money from their companies. Care must be taken so that the ATO does not deem these loans to be dividends, and tax them accordingly.