Australia IOU

I. Borrower's Details

Name: [YOUR NAME]
Company: [YOUR COMPANY NAME]
Email: [YOUR COMPANY EMAIL]
Address: [YOUR COMPANY ADDRESS]
Phone Number: [YOUR COMPANY NUMBER]
Website: [YOUR COMPANY WEBSITE]
Social Media: [YOUR COMPANY SOCIAL MEDIA]

II. Lender's Details

Name: [LENDER'S NAME]
Company: [LENDER'S COMPANY NAME]
Email: [LENDER'S COMPANY EMAIL]
Address: [LENDER'S COMPANY ADDRESS]
Phone Number: [LENDER'S COMPANY NUMBER]
Website: [LENDER'S COMPANY WEBSITE]
Social Media: [LENDER'S COMPANY SOCIAL MEDIA]

III. Principal Amount

The Borrower acknowledges a debt of [AMOUNT] to the Lender, which constitutes the principal amount of this obligation.

IV. Repayment Terms

The total amount is due and payable by the Borrower to the Lender on or before [DUE DATE]. The preferred method of payment is [PAYMENT METHOD]. Any modifications to this agreement must be made in writing and signed by both parties.

V. Interest

Interest on this debt will accrue at an annual rate of [INTEREST RATE], calculated and compounded monthly. The accumulated interest will be due along with the principal amount on the specified repayment date.

VI. Security

The Borrower hereby provides [Collateral Details] as security for the repayment of the loan.

VII. Governing Law

This IOU agreement shall be governed by and construed in accordance with the laws of Australia.

VIII. Signatures

This IOU is a legally binding agreement between the Borrower and the Lender intended to encourage prompt and full repayment in accordance with the terms outlined above. In witness whereof, the parties hereto have executed this IOU:

[Your Lender]

[Date]

[Borrower's Name]

[Date]