Document background
The Master Lending Agreement is a cornerstone document in Singapore's financial services sector, designed to streamline lending relationships by establishing a single set of standard terms that apply across multiple facilities. This agreement type is particularly useful when parties anticipate an ongoing lending relationship with multiple facilities over time. It incorporates Singapore's regulatory requirements, including MAS guidelines and banking regulations, while providing flexibility for various types of credit facilities. The Master Lending Agreement typically includes detailed provisions for drawdown mechanics, repayment terms, security arrangements, and default scenarios, reducing the need to negotiate these terms for each new facility.
