The Loan Agreement Template – BC, Canada is offered in multiple formats, including PDF, Word, and Google Docs. These formats are fully editable and printable, designed to cater to your requirements seamlessly.
Loan Agreement Template Bc – Canada Editable – PrintableSample
1. Parties Involved 2. Loan Amount 3. Purpose of the Loan 4. Interest Rate 5. Term of the Loan 6. Repayment Schedule 7. Default Conditions 8. Collateral 9. Governing Law 10. Signatures and Acceptance
CAD
PDF
WORD
Examples
[Borrower’s Name]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
[Lender’s Name]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
This Loan Agreement (“Agreement”) establishes the terms under which [Lender’s Name] agrees to lend a sum of money to [Borrower’s Name], effective as of [Start Date].
The total loan amount shall be [Loan Amount] CAD, transferred to the Borrower’s bank account upon the signing of this Agreement.
The loan will bear interest at a rate of [Interest Rate]% per annum, calculated monthly.
The Borrower agrees to repay the principal and accrued interest in [Number of Installments] installments, commencing on [First Payment Date] and concluding on [Final Payment Date].
The Borrower may prepay the loan, in whole or in part, without any penalty. Any prepayments shall first be applied to outstanding interest and then to principal.
In case of default, the Lender may demand immediate repayment of the remaining principal and accrued interest, and may charge a late fee of [Late Fee Amount] CAD.
This Agreement shall be governed by the laws of British Columbia, Canada.
[Borrower’s Signature]
[Borrower’s Name]
[Lender’s Signature]
[Lender’s Name]
[Borrower’s Name]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
[Lender’s Name]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
This Loan Agreement (“Agreement”) outlines the terms and conditions for the loan provided by [Lender’s Name] to [Borrower’s Name] starting on [Start Date].
The Borrower will receive a loan amount of [Loan Amount] CAD, disbursed to the Borrower’s banking account upon signing this Agreement.
An annual interest rate of [Interest Rate]% will be applied to the loan amount.
The Borrower agrees to repay the loan in [Number of Installments] payments, with the first installment due on [First Payment Date] and monthly thereafter until [Final Payment Date].
The Borrower agrees to provide collateral in the form of [Description of Collateral], which may be forfeited in the event of default.
The Lender has the right to review the Borrower’s financial status at any time during the term of the agreement.
This Agreement shall be construed in accordance with the laws of British Columbia, Canada.
[Borrower’s Signature]
[Borrower’s Name]
[Lender’s Signature]
[Lender’s Name]
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