loan assignment sample template:
The ABC Company ("Creditor") owes to GHJ Company ("Assignor") $ XXX ("the debt") at (year end).
The Assignor hereby assign his entitlement and rights of the whole amount of the debt to MNV Company ("Assignee"), [to set-off Assignor's loan with Assignee].
This letter is signed by all parties concerned.
Signed dated DD MMMM YYYY
Assignor GHJ Company
Assignee MNV Company
Creditor ABC Company
* If more than one assignee, state % and $$.