I am going through a very tough situation. . Take responsibility for returning the item in a timely manner. A Promissory Note is different than a loan agreement because it only binds one party - the Borrower - to actions (such as payment) or consequences (such as if the Borrower doesn't pay), but it doesn't bind . This Loan Agreement ("Agreement") made this [DATE] is between: Borrower: [BORROWER'S NAME] with a mailing address of [ADDRESS] ("Borrower") and agrees to borrow money from: Lender: [LENDER'S NAME] with a mailing address of [ADDRESS] and agrees to lend money to the Borrower under the following terms: 2. I, Sandy Smith, borrowed $2,500 from Darci Barton on DATE. PDF Free PDF Download Sample Incident Report Letter Employee April 17th, 2019 - These are sample Formal Letter of Request to Borrow Equipment You can follow this sample letter to request for borrowing equipment from other companies government department supplier producer seller etc Borrow or return company equipment for an employee April 21st, 2019 - Borrow or return company equipment for an employee 04 . With one person it was clear from the start I wasn't going to be paid back within a short time frame. It was a teacher training course at a private institute and so no government student loan was available. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. If a Prepayment Penalty will be imposed by the Lender as a response to the Borrowers early payment of the entire loan amount, then the first checkbox statement in Section VII must be selected. Thank you very much for your consideration, and I look forward to hearing from you as soon as possible. You can say something like, I was happy to give you that money last month to help out, but I was hoping you could pay me back before my rent is due. This reminds them that the money was given and acknowledges that the money was a loan, in case they had misinterpreted the loan as a gift.