When a corporation owes or borrows money from a shareholder, a Shareholder Loan Agreement is written up to explain the details of the loan and as evidence of the debt created between the corporation and shareholder. This can also be used to document wages owed to an employee by the corporation if the employee is a shareholder in the corporation.
You can download a Shareholder Loan Agreement template through the link below or make your own document with our online form builder.
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