Write Your Own Loan Agreement Yes, you can do it without a lawyer.
You don't necessarily need a lawyer to write your loanagreement. You can find examples of loan agreements in manybusiness books; just write up the same information, complete it andsign it. If you decide to get legal advice, you can save money bydrawing up the loan agreement yourself and then giving it to anattorney to redraft.
Excerpted from Start Your Own Business: The Only Start-Up GuideYou'll Ever Need