The Loan Agreement Template – Ontario, Canada is provided in multiple formats, including PDF, Word, and Google Docs. These templates are both customizable and print-ready, ensuring they cater to your specific requirements with convenience.
Loan Agreement Template Ontario – Canada Editable – PrintableSample
1. Parties Involved 2. Loan Amount 3. Purpose of the Loan 4. Interest Rate 5. Loan Term 6. Repayment Schedule 7. Security for the Loan 8. Late Payment Penalties 9. Default Conditions 10. Governing Law 11. Signatures and Acceptance
CAD
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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 Loan Agreement (“Agreement”) outlines the terms and conditions under which the Lender will provide a loan to the Borrower, effective from [Start Date].
The Lender agrees to lend the Borrower the sum of [Loan Amount] CAD.
The loan shall accrue interest at an annual rate of [Interest Rate]% per annum, calculated monthly.
The Borrower agrees to repay the Loan Amount plus interest in [Number of Payments] installments, due on the [Due Date].
The Borrower may prepay the loan in full or in part at any time without penalty.
If the Borrower fails to make any payment by the due date, a late fee of [Late Fee] CAD will be applied.
This Agreement shall be governed by the laws of the Province of Ontario and the laws of Canada applicable therein.
[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 establishes the terms of the loan provided by the Lender to the Borrower, commencing on [Start Date].
The Borrower shall use the Loan Amount exclusively for [Purpose of Loan].
As security for the Loan, the Borrower agrees to provide [Description of Collateral].
The Borrower shall repay the Loan Amount, including interest, in [Number of Payments] monthly payments of [Payment Amount] CAD, starting on [First Payment Date].
In the event of default, the Lender reserves the right to demand immediate repayment of the total outstanding balance.
Any amendments to this Agreement must be in writing and signed by both parties.
This Agreement shall be governed by the laws of Ontario and the federal laws of Canada.
[Lender’s Signature]
[Lender’s Name]
[Borrower’s Signature]
[Borrower’s Name]
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