Inventory Security Agreement | Canada

Document your security interest in a borrower's property with this Accounts Receivable Security Agreement template for Canadian lenders.

• The Agreement is part of the documentation that the borrower must provide to the lender, to secure a loan or line of credit.
• The Agreement grants the lender a security interest in all of the borrower's present and future personal property including inventory, equipment, accounts receivable and book debts.
• The form is governed by Canadian laws and can be used in any province or territory which has Personal Property Security Act legislation.
• Buy and download the template in MS Word format. Other formats available on request.

Obtain a security interest in a borrower's vehicle with this Motor Vehicle Security Agreement for Canadian lenders.

• The borrower (debtor) grants the lender (secured party) a security interest in the borrower's motor vehicle, to induce the lender to give credit to the borrower.
• The borrower will carry fire, theft, collision and comprehensive insurance on the vehicle, and pay all taxes, liens and charges against the vehicle.
• The borrower is not allowed to sell or encumber title to the vehicle as long as the Agreement is in effect.
• This template can be used in any province or territory of Canada except Quebec.
• The legal form template is downloadable and fully editable.

Your corporate customers can apply for a credit account with your company by filling out these Credit Application forms.

The package includes:

1. Credit Application Form for Business;
2. Credit Check form, for obtaining information from the trade and banking references supplied by the customer;
3. template letter of refusal, to notify the customer if the application for credit has been denied due to the results of the credit check.

This Credit Application Forms Package for Corporate Customers is a downloadable MS Word file which can be filled in by hand or computer.

Extend credit to individuals with this Credit Application Package for personal accounts.

• The package includes:
  • Credit Application for Individual, to be completed by the customer;
  • Credit Check, to gather information from employment and banking references supplied by the customer;
  • Letter of Refusal, to notify the customer if the application for credit has been denied due to the results of the credit check.
• The Credit Application forms package for personal accounts is easy to download and use. You can customize it to reflect your unique business image.

Secure a loan or line of credit with this General Security Agreement for Canadian lenders.

• The borrower grants the lender a security interest in all of the borrower's personal property (inventory, equipment, accounts and book debts), and all income and proceeds from that personal property.
• The General Security Agreement secures payment and performance of all of the borrower's present and future indebtedness to the lender, including the lender's costs of enforcing the Agreement.
• The borrower agrees to protect and preserve the collateral property, to keep it in good condition and repair, to pay all taxes and charges levied against it, and to keep it fully insured.
• So long as the borrower is not in breach of its obligations, the borrower retains possession of the collateral and can use it in the ordinary course of its business.
• This legal document template is intended for use only in Canada.