Loan Agreement

This article will show you how to:

• Create a Loan Agreement matter type 
• Enter Client and other parties
• Add Uncommon Contacts and Layouts
• Change the Matter Description
• Change a General matter to Loan Agreement matter type   

 To create a new Loan Agreement matter, follow the steps below. 

1. Click New Matter from the Home Screen.
2. Select the State of your Commercial matter.
3. Select Matter Type: Loan Agreement.
4. Select which party you will be working for: 
   
   
5. Enter your client details, and any other relevant parties:
   
   - See Adding Contacts for more information on adding contacts generally. 
   
   
6. To add Uncommon Contacts and Layouts to your matter, open the Matter Settings and select the appropriate contact from the Parties & Data available in your matter. The uncommon contacts available in the Loan Agreement matter type are Barrister, Accountant, Broker, Process Server, Previous Solicitor and Additional Contact. 
   
   
7. Open Loan Details layout to enter the relevant details of the Loan.
   
8. Open Security Details layout to enter the relevant securities details for the Loan. Including Real Estate on the first tab and details registered on the Personal Properties Security Register on the second tab.
   
   
   
   
   
   

Change existing General matter to Loan Agreement matter

Existing General matters can be easily changed to Loan Agreement as follows:

1. Open your existing General matter (used for Loan Agreement)
2. Open Matter Type
3. Select change...
4. Select new Matter Type as Commercial> Loan Agreement
5. Select OK:
   
6. Select who you are Acting for and enter Reason For Change
7. Select OK:
   

Your matter will now appear as 'Loan Agreement', with the party roles and layouts that are available in the Loan Agreement matter.