The Financial Agreement Template – Canada is offered in multiple formats, including PDF, Word, and Google Docs. These templates are designed to be both editable and printable, ensuring they cater to your specific requirements effortlessly.
Financial Agreement Template – Canada Editable – PrintableSample
1. Parties Involved 2. Purpose of the Agreement 3. Loan Amount 4. Interest Rate 5. Repayment Terms 6. Late Payment Penalties 7. Collateral Agreement 8. Governing Law 9. Signatures and Acceptance
PDF
WORD
Examples
[Lender’s Name]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
[Borrower’s Name]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
This Financial Agreement (“Agreement”) outlines the terms under which [Lender’s Name] provides a loan to [Borrower’s Name], effective from [Start Date].
The total amount of the loan is [Loan Amount] which will be disbursed on [Disbursement Date].
The loan will incur an interest rate of [Interest Rate]% per annum, calculated annually and payable on the [Payment Due Date].
The Borrower agrees to repay the loan amount along with applicable interest in [Number of Installments] installments, with the first payment due on [First Payment Date].
In the event of a late payment, a late fee of [Late Fee Amount] will be incurred for each missed installment after a grace period of [Grace Period].
If the Borrower defaults on the loan, the Lender has the right to demand the entire outstanding balance immediately, along with any accrued interest and fees.
This Agreement shall be governed by and construed in accordance with the laws of Canada.
[Lender’s Signature]
[Lender’s Name]
[Borrower’s Signature]
[Borrower’s Name]
[Lender’s Name]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
[Borrower’s Name]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
This Agreement is made on [Date], establishing the terms of the financial loan provided by [Lender’s Name] to [Borrower’s Name].
The Borrower has requested a loan of [Loan Amount] to be used for [Purpose of Loan].
The loan will attract an interest rate of [Interest Rate]%. Additional fees may include a processing fee of [Processing Fee] and other applicable charges.
Repayment will occur in [Number of Installments] monthly installments, with the first payment due on [First Payment Date] and subsequent payments on the same date each month.
The Borrower agrees to provide [Description of Collateral] as security for the loan. In case of default, the Lender may claim the collateral.
Any disputes arising from this Agreement shall be resolved through mediation, and if unresolved, through arbitration adhering to the laws of Canada.
This Agreement shall be governed by the applicable laws of the province of [Province] and the federal laws of Canada.
[Lender’s Signature]
[Lender’s Name]
[Borrower’s Signature]
[Borrower’s Name]
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