This Drawdown Notice is a notice or request from the borrower to the lender under a loan arrangement that the borrower wishes to drawdown funds under the loan facility. The notice will include all the mechanical details in order for the loan to be made, including the date of drawdown and the account where the funds should be deposited.
A loan agreement makes the loan available from the lender to the borrower and a notice or request establishes a clear mechanism between both parties for requesting when the loan is to be advanced.
This notice is intended to be used in conjunction with our other loan agreement templates.
NOTE: This template is not intended to be regulated by the Consumer Credit Act 1974.
This Drawdown Notice is in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes.
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