Loan Security Forms Package | Canada

Under the terms of this Share Pledge Agreement for Canadian lenders, a borrower pledges shares to the lender as security for the loan.

• The lender will keep possession of the shares until the loan is repaid.
• The lender has the right to vote the shares and to receive any benefit (such as dividends) from the shares while the shares are being held as security.
• This legal form can be used in any Canadian province or territory.

Download the Canada Share Pledge Agreement (Loan Security) for your loans department.

Prepare a Personal Guarantee of Corporate Mortgage with this downloadable template for Canadian lenders.

• The guarantor is a principal of the company obtaining the mortgage loan.
• The guarantee is taken by the lender to secure repayment of the mortgage.
• This form of guarantee is typically required by all major banks and other lenders as additional loan security.
• The Personal Guarantee of Corporate Mortgage is a digital legal form that can be used across Canada. It includes a Guarantees Acknowledgment Act form for the Province of Alberta.

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.

If you sell inventory on credit to your customers, secure payment for the goods with this Canada Purchase Money Security Agreement.

• The supplier (as secured party) agrees to extend credit to the customer (as debtor) for the purchase of inventory, in exchange for a purchase money security interest in all of the debtor's present and future inventory and proceeds.
• The term 'proceeds' includes cash and non-cash proceeds, such as accounts, contract rights, and chattel paper.
• The debtor cannot sell or transfer any of the collateral except in the ordinary course of business, and the customer must hold the proceeds of the sale in trust for the secured party.
• The secured party has the right to take possession of the collateral if the debtor fails to make payment or defaults under the terms of the Agreement.
• The Purchase Money Inventory Security Agreement gives Canadian suppliers a more secure method of selling goods on credit. It can be used in any province that has Personal Property Security Act legislation.

Ontario lenders, prepare a General Security Agreement with this comprehensive template form.

• The borrower grants the lender a security interest in all of the borrower's present and future personal property including inventory, equipment, accounts and book debts, and all proceeds therefrom.
• The interest is being granted to the lender as security for loan financing, operating lines, or other credit facilities advanced by the lender to the borrower.
• The Security Agreement is governed by the Ontario Personal Property Security Act.
• This document is available as a fully editable MS Word template form.