Borrowing a horse can sometimes be more important to many horse owners than selling or buying. As a lender, you take the risk of putting a potentially valuable horse into the care and training of another person. And there have been a few cases recently where people pretended to borrow a horse under a false name and then sell the horse without a trace. It is therefore of the utmost importance that you know to whom you are lending your horse. Second, it serves as a record of what has been agreed, so it can help avoid any misunderstandings once the credit is in effect and before the problems slip. The use of a formal written document may seem unnecessary between friends, but it is in the interest of both parties, long-term friendship and the horse. Unfortunately, the BHS cannot directly help resolve civil issues.