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Sonny wants to make a loan to his buddy, Don Giovanni, who just needs a little loan to tide him over until his luck turns.

Sonny wants to make a loan to his buddy, Don Giovanni, who just needs a little loan to tide him over until his luck turns. Its his old friend, so they shook hands on it. You know, just $100,000. Whoa whoa whoa! 100K, jeez, we should have a loan agreement that we both sign - we cant just have a handshake!
But to Sonny, lawyers are just bloodsucker leeches, Fredo is insisting on an actual legal agreement, we should just make it ourselves. Hes heard theres a bunch of free sample templates on the internet anyway so why pay someone? Then they both look at you and smile the college kid, even taking a course called Business and Law. OK, they want you to make an actual real live legal contract to document that Don Giovanni borrower $100,000 which will be repaid in one year with an interest rate of 10%.
1. Take a look at free sample agreement templates such as from www.lawdepot.comLinks to an external site. or www.onecle.comLinks to an external site. Theres a lot of stuff but copy a template you think is useful and use it as a template to make your own Loan Agreement from Campus Coffee to Don Giovanni.
Theres a lot of free samples and template. Some are really long and full of things which you may not feel are so relevant. Think about what to cut out (Sonny wants short!) but what is critical so Don cant walk away without paying (enough to protect you guys so you dont get taken to the cleaners!. Remember, you are making a REAL contract so be sure to have it ready to go even with places to sign, etc.
2. Write also a separate one page (single space) explanation of your process of what you did and why (ii) your progress and mistakes, and (iii) how you would approach things differently.

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