---
title: "Free loan agreement review tool"
description: "Get instant AI review of a loan agreement: principal and interest, repayment schedule, financial covenants, events of default, security, and prepayment."
canonical: "https://contracko.com/tools/loan-agreement-review"
---
# Free loan agreement review tool

Source: https://contracko.com/tools/loan-agreement-review

This HTML page may register the in-tab WebMCP tool `analyze` in supporting browsers while the tab is open. That is not hosted MCP.

# Free loan agreement review tool

Upload a loan agreement or credit facility and get instant AI analysis of the principal and interest, repayment schedule, financial and negative covenants, events of default, security and collateral, prepayment terms, and representations.

Upload your contract to start your free analysis

Drag and drop your contract here, or browse files

PDF or DOCX, max 50MB, up to 100 pages

What we'll analyze

Our AI engine reviews your contract and extracts key insights across multiple dimensions:

Risk assessment

Overall risk score with specific concerns

Key dates

Start, end, renewal, and notice deadlines

Obligations

Your duties and counterparty requirements

Financial terms

Pricing, payment terms, and penalties

Red flags

Unusual or concerning clauses

Liability & indemnity

Caps, exclusions, and indemnification

Your privacy, guaranteed

Enterprise-grade encryption

Never used for AI training

GDPR compliant

Deleted after analysis

## Frequently asked questions

Common questions about our loan agreement review

- **Q:** What does this loan agreement review tool check?
  **A:** It analyzes the principal amount and interest rate (fixed, floating or margin over a reference rate), the repayment and amortization schedule, the financial covenants (such as leverage, interest cover and minimum liquidity) alongside affirmative and negative covenants, the events of default and any cross-default, the security and collateral package, prepayment and make-whole terms, and the borrower representations and warranties. Both parties’ obligations are extracted and listed.

- **Q:** Will it flag the covenants and events of default?
  **A:** Yes. The tool surfaces the financial covenants and their test dates, the affirmative and negative covenants (restrictions on additional debt, liens, distributions and asset sales), and each event of default, including cross-default and material-adverse-change triggers, so you can see what could accelerate the loan before you sign.

- **Q:** Does it cover security, prepayment and repayment?
  **A:** Yes. It extracts the repayment and amortization schedule, the security and collateral granted (guarantees, pledges and the priority of liens), and the prepayment terms, including any prepayment penalty, make-whole premium or break costs, so the full cost and structure of the facility is clear.

- **Q:** How long does the loan agreement analysis take?
  **A:** Most loan agreements are analyzed in under 30 seconds.

- **Q:** What file formats can I upload?
  **A:** PDF and Word (DOCX) files are both supported.

- **Q:** Is my loan agreement data secure?
  **A:** Yes. Your document is transmitted over TLS encryption, processed by AI providers under terms that exclude training on your data, and deleted from our servers within 24 hours.

## Try our other contract analysis tools

Specialized analyzers for specific contract types with tailored insights and recommendations.

### [Term sheet review](https://contracko.com/tools/term-sheet-review)

### [SAFE agreement review](https://contracko.com/tools/safe-agreement-review)

### [Convertible note review](https://contracko.com/tools/convertible-note-review)

[View all contract analysis tools](https://contracko.com/contract-analysis-tools)

## Get started with Contracko

Take the hassle out of contract management. Contracko empowers you to stay organized, on time, and in control. Start simplifying today.

[Start 7-day free trial](https://app.contracko.com/register?appLanguage=en)

Book demo