Use our free Loan Agreement template to create a contract online. A loan agreement is a legal document between a creditor who lends money to a borrower that is repaid with interest.A loan agreement is a document used to structure the terms and conditions of borrowed money. Download North Carolina Loan Agreement template, modify and send for signing using BoloForms Signature. This loan agreement can be used for any situation that requires a loan to be paid back over a specific amount of time. 1. Collect all necessary information about the lender and borrower. Detail and formalize the terms of a loan with our free loan agreement template and make the lending process easier for all parties involved. Rutgers is a land-grant, sea-grant, and space-grant university, as well as the largest university in the state. Rutgers is a land-grant, sea-grant, and space-grant university, as well as the largest university in the state.