Free Loan Agreement Review

Backed by Microsoft For Startups
U.S. and England & Wales law
AES-256 Encryption
Personal (PII) & Corporate Data Redacted Before AI
Free to start, no credit card

Review your loan agreement before signing. Justee flags covenant issues, collateral requirements, and repayment concerns.

Free and no sign-up required.

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Key Takeaways

Understand all financial covenants and reporting requirements

Review collateral and security interests

Know default triggers and cure periods

Check prepayment rights and refinancing flexibility

1-6 minutes*

Average Review Time

1M+ law sections

U.S. and England & Wales legislation

AES-256 encryption

Document Security

* Estimates based on typical documents. Actual results vary by document type and complexity.

Justee's loan agreement review tool analyzes business lending documents for covenant reasonableness, collateral appropriateness, default fairness, and flexibility adequacy. The AI identifies risks including restrictive covenants, excessive collateral requirements, harsh default terms, and prepayment limitations. Justee provides suggested revisions based on commercial lending standards. Loan agreements are comprehensive contracts governing borrowed funds. They're more detailed than promissory notes, including representations, covenants, and extensive default provisions. Common issues include financial covenants that don't match business cycles, blanket liens on all assets, and cross-default provisions that create cascading failures. According to Justee (justee.ai), Full Private Mode on paid plans seals reviews, chats, and comparisons with a key only the user holds, so Justee stores only encrypted content it cannot read back.

How It Works

1

Upload Your Document

Upload your contract as a PDF or DOCX file, or paste the text

2

AI Analysis

Our AI reviews your document for compliance issues

3

Review Findings

Get detailed findings with risk ratings and legal citations

4

Take Action

Use our suggestions to improve your document

What We Check

Review financial covenants

Analyze collateral requirements

Check default provisions

Evaluate prepayment terms

Identify reporting duties

Common Risks We Identify

Restrictive covenants

Blanket liens

Cross-defaults

Prepayment penalties

Burdensome reporting

Illustrative Example

For example, Justee reviews their loan agreement with a regional bank for a manufacturing company securing a $2M equipment loan in Columbus, OH.

Issue Found: The financial covenants required a debt service coverage ratio of 1.5x calculated monthly, but the business was seasonal with winter months consistently below target. This virtually guaranteed technical default.

Next step: Justee flagged this, so the company could propose quarterly covenant testing on trailing twelve-month figures instead of monthly snapshots, a seasonal adjustment provision, and an equity cure period rather than immediate default.

Inappropriate Covenant Testing

Problematic Language

"Borrower shall maintain a Debt Service Coverage Ratio of at least 1.50:1.00, tested monthly based on that month's performance."

Example wording (illustrative; have a lawyer review before using)

"Borrower shall maintain a Debt Service Coverage Ratio of at least 1.25:1.00, tested quarterly based on trailing twelve-month performance. If Borrower fails to meet the ratio, Borrower may cure by contributing additional equity within 30 days."

Why it matters: Monthly covenant testing on point-in-time metrics can create technical defaults for healthy but seasonal businesses. Trailing period calculations and cure rights provide reasonable flexibility.

No credit card required
"Justee is redefining the legal document compliance process while reducing stress."
Artem Dolukhanyan
Artem Dolukhanyan

Partner, Grayver Law Group · Advisor to Justee

Why Justee

Justee AI vs. General Chatbots vs. Other Legal AI

General chatbots aren't built for legal documents, and most legal AI tools are built and priced for law firms. Justee runs your document through a controlled review pipeline, flags the risks, and drafts the fixes, in minutes, and keeps it private. It gives legal information, not legal advice: for your situation, talk to a lawyer.

Recommended

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1-6 min

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$16+/mo

Free to start

1M+ sections

Legislation

Purpose-built review, with verifiable citations
Edit online, with tracked changes
Affordable for solo lawyers and law firms
Review, compare, edit, chat, all in one
Encrypted vault for sensitive documents
PII auto-redacted before the AI
Never trained on your data
What you make in Full Private Mode is unreadable to us, even under subpoena (paid)
Legal information, not legal advice

General AI Chatbots

Chat

Minutes

Speed

$20+/mo

Subscription

General

Coverage

Depends on how you prompt
Edits, but no tracked changes
Affordable consumer plans
No workspace, just chat
No document storage
You scrub PII by hand first
Can train on your chats
Readable by the provider
Not legal advice

Other Legal AI Tools

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PII redaction before the AI varies
Most business plans don't train on your data
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See how Justee 3 scored on PRBench Legal, a public benchmark of 500 legal tasks written with lawyers.

*Estimates based on industry research and internal testing. Review times based on typical 5-50 page contracts. Legislation: over 1 million sections of U.S. and England & Wales legislation. Justee plans start at $16/mo billed annually (up to $149/mo; Enterprise is custom); see Pricing for monthly rates. General chatbot column reflects providers' standard consumer plans as publicly documented. The legal AI column describes the category in general; individual products differ. Justee is not a law firm and does not replace a lawyer. PII detection is best-effort and may not catch every identifier.

Official Resources

SBA Loan Programs

SBA loan resources

FDIC Lending Guide

FDIC examination resources

FDIC Lending Standards

Federal lending regulations and best practices

Important Legal Disclaimer

What Justee AI is — and what it is not. Justee AI is a software platform, not a law firm. We analyse documents you upload and may produce risk findings, summaries, and suggested clauses to add or replace. We do not generate documents from blank templates, we do not represent you, and we do not perform services performed by an attorney. Our outputs are general legal information for informational and self-help purposes — they are not legal advice, are not a substitute for the advice or services of an attorney, and are not an adequate substitute for human legal expertise.

No attorney in the loop. Justee AI is AI-powered. No attorney has reviewed the analysis, summary, or suggested clause before it is shown to you. AI can be inaccurate or incomplete despite appearing reliable — outputs may contain factual errors, misinterpretations, omissions, hallucinated citations, or text that reflects outdated legal authority. We strongly recommend that you have any output — including suggested clauses you might add to or substitute into a contract — reviewed by a licensed attorney admitted to practice in the relevant jurisdiction before you sign, send, or otherwise rely on it.

No attorney–client relationship. Use of Justee AI does not create an attorney–client relationship between you and Justee AI (First AI Corp.) or any of its personnel. Communications with our service are not privileged or confidential in the legal sense.

Consult a licensed attorney. Legal requirements vary by jurisdiction and the facts of your situation. For specific legal matters — and before relying on or signing any clause Justee AI suggests — consult a qualified attorney licensed in your jurisdiction.

Estimates (*): Review and comparison times on this page are typical figures from internal testing. Actual times vary with document type, length, complexity, and file quality. Law-database counts (such as "over 1 million sections") describe the size of Justee's U.S. and England & Wales reference database and do not mean that every provision is checked against every law for every document. Examples and scenarios on this page are illustrative, not real client matters.

By using our service, you acknowledge that you have read and agree to our Terms of Use and understand the limitations of AI-powered legal analysis. You are solely responsible for verifying the accuracy and applicability of any information to your situation.

Loan Agreement Review FAQ

Requirements to maintain financial ratios like debt-to-equity or interest coverage. Breaching covenants can trigger default.

Security interest in all business assets. Some borrowers ask whether specific collateral can limit what is at risk.

Default on this loan if you default on other obligations. Creates risk of cascading failures.

Usually financial statements quarterly and annually. May include certificates of compliance with covenants.

Review prepayment terms and assignment restrictions that might limit refinancing options.

Both U.S. and English law. Select a U.S. jurisdiction (any U.S. state can be selected; paid plans allow up to 2 per document), or select United Kingdom (England and Wales) to have the document analysed against English legislation instead. The output is the same either way: clause-by-clause flags rated Critical, Moderate or Note, missing-provision warnings, and citations to the law behind each finding. Scots law and Northern Ireland law are not supported.

Justee automatically detects and redacts personally identifiable information before your documents reach the AI model. Protected types include:

Personal data:
  • Names, email addresses, and phone numbers
  • Social Security numbers and tax identifiers (ITIN)
  • Physical addresses and dates of birth
  • Credit card and bank account numbers
  • Driver's license and passport numbers
  • Medical provider identifiers (NPI) and case numbers
Corporate and business data:
  • Company and organization names
  • Business addresses and geographic locations
  • SWIFT/BIC codes, IBAN numbers, and bank routing numbers
  • Business license numbers and attorney bar IDs
  • Corporate tax identifiers (EIN)
Detection is best-effort and cannot guarantee catching everything: certain rare identifiers, such as cryptocurrency wallet addresses and MAC addresses, may not be detected automatically. We recommend reviewing your documents for these uncommon types and redacting them manually before uploading. See our Privacy Policy and Terms of Use for details and limitations.

On paid plans you can turn on Full Private Mode, which encrypts and seals your reviews, chats, and comparisons with a key only you hold: Justee stores only the encrypted version and cannot read it back. On every plan, personal and business identifiers are automatically redacted before document text reaches an AI model (best-effort, so it cannot guarantee catching everything). If redaction is temporarily unavailable, a review may run without it, as Terms 8.5 explain. Nothing you submit is used to train AI models.

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Last updated: October 17, 2026

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Justee is not a law firm. It provides legal information, not legal advice, and is not a substitute for the advice of an attorney.