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A financing agreement is a legal contract that outlines the terms and conditions of a financial arrangement between a borrower and a lender. It includes details such as the loan amount, interest rates, repayment terms, and other provisions governing the financial transaction.
A Financing Agreement is essential for securing funds, establishing clear terms, and ensuring legal and financial accountability in lending or investment relationships. It outlines terms, conditions, and repayment structures, mitigating risks and providing a legal framework for the financial transaction.
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