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Canada Promissory Note Forms

Prepare your own promissory notes with these fully editable template forms for Canada. Downloadable, affordable, easy to use. A promissory note is a promise to pay. Don't lend money without one.

    • Canada Acknowledgment of Payment in Full of Debt

      Do you hold a promissory note for a loan you made to someone else? When the debtor pays off the loan, provide them with this Acknowledgment of Payment in Full of Debt, which acknowledges that the debt has been paid in full. This free Acknowledgment of Payment form is for Canada and is in MS Wor...

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    • Canada Balloon Mortgage Promissory Note

      Canadian mortgage lenders, prepare a Balloon Mortgage Promissory Note with this downloadable template. The borrower agrees to make monthly payments against the secured amount, until the date of the final payment. The final payment will be a balloon payment in full of the entire balance of principa...

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    • Canada Balloon Promissory Note with Collateral

      Write up a Balloon Promissory Note with this easy-to-use template for Canada, which requires collateral as additional security. The borrower agrees to make monthly payments against the amount secured by the Note, until the date of the final payment. The final payment will be a balloon payment, whi...

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    • Canada Demand Promissory Note

      Secure repayment of a loan with this Demand Promissory Note template for Canada. This is a simple form of Promissory Note, which is: payable on demand, accrues interest at a specified rate, and can be prepaid without penalty. This Canada Demand Promissory Note template is available in MS Word ...

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    • Canada Demand Promissory Note for Principal Only

      Secure repayment of an interest-free loan with this Demand Promissory Note for Principal Only, for use in Canada. This type of Promissory Note would most commonly be used when the borrower and the lender have a close relationship, such as family members, when no interest would be charged on the loa...

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    • Canada Demand Promissory Note to be Forgiven on Death of Lender

      Are you loaning money to a family member or close friend? Secure the loan with this Demand Promissory Note template for Canada, under which the balance outstanding is forgiven upon your death. The indebtedness secured by the Note is to be repaid in monthly payments. The Note can be prepaid withou...

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    • Canada Demand Promissory Note with Floating Interest Rate

      Prepare a Demand Promissory Note with Floating Interest Rate with this easy template form for use in Canada. Interest is calculated based on the then-current prime lending rate of the lender's bank. The loan can be prepaid at any time without penalty or premium. This Canada Demand Promissory Not...

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    • Canada Grid (Term) Promissory Note for Multiple Advances

      Canadian lenders, prepare a Grid Note (or Term Note) for multiple loan advances with this customizable template form for Canada. The Note covers multiple advances or stages of funding under a lending agreement between the borrower and the lender. This form of Note is commonly used for constructio...

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    • Canada Installment Note Using Deposit Account as Collateral

      Canadian lenders, use this template to prepare an Installment Promissory Note with a deposit account as collateral. Deposits as Security. The maker of the Note (the borrower) agrees to set up a deposit account with the lender and make a specified minimum deposit in the account at regular intervals ...

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    • Canada Installment Note for Purchase of Goods

      Canadian suppliers, do you sell goods on credit and allow your customers to pay in installments? Secure the outstanding balance on their account with this Installment Promissory Note. The maker of the Note (customer) agrees to repay the secured amount by a series of installment payments against the...

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    • Canada Interest-Free Promissory Note with Regular Payments

      Loaning money to someone? Make sure you get paid back with this Interest-Free Promissory Note with Regular Payments, for use in Canada. The borrower repays the loan principal by making a series of regular payments (monthly, weekly, etc). There is no interest accruing on the outstanding loan balanc...

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    • Canada Line of Credit Promissory Note

      Canada suppliers, if you are offering a line of credit to a customer, secure your interest with this Line of Credit Promissory Note form. The Note allows for multiple advances, up to a specified maximum amount. Interest on the amount secured by the Note is calculated as simple interest, accruin...

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    • Canada Promissory Note for Asset Purchase or Rollover

      Secure the balance payable to the vendor under an asset purchase or rollover agreement with this Promissory Note form for Canadian businesses. No interest will accrue on the principal balance prior to default or maturity. The full amount outstanding will become due and payable on demand if the pur...

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    • Canada Promissory Note for Family Loan Payable From Estate

      Prepare a Promissory Note for a loan payable from a family member's estate with this template form for Canada. This form of Note would generally be used to secure loans between close family members, such as a loan from a parent or grandparent to a child or grandchild. Only the lender can demand p...

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    • Canada Promissory Note for Interest Only

      Secure the repayment of a loan made in Canada with this Promissory Note for Interest Only. This form of Note allows the borrower to make payments against interest only, with no payments to be made against the principal amount until the date specified in the Note. Interest payments will be made in ...

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    • Canada Promissory Note for Monthly Payments & Guarantee

      Are you loaning money to a person or a company in Canada? Secure your interest as a creditor with this Promissory Note and Guarantee. The borrower agrees to pay the secured amount by monthly payments (not necessarily equal payments). The Note includes a guarantee of payment by a guarantor. The gu...

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    • Canada Promissory Note for a Corporate Repurchase of Shares

      Secure repayment of the purchase price of shares being repurchased by a Canadian corporation from one of its shareholders with this Promissory Note form. The Note includes a list of events of default upon which the Note will become immediately due and payable, such as if the corporation ceases to c...

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    • Canada Promissory Note with Collateral Charge on Land

      Are you lending a large sum of money? Have the borrower put up land as collateral with this Promissory Note with Collateral Charge on Land, for use in Canada. The collateral charge on the land is held by the lender as additional security for repayment of the principal amount under the Note. Intere...

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    • Canada Promissory Note with Monthly Payments and Compound Interest

      Prepare a Promissory Note with Monthly Payments and Compound Interest with this template form for Canada. The principal and interest are to be repaid by a series of equal monthly installments. Interest is calculated and compounded monthly. Any amount of principal and/or interest not paid on time ...

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    • Canada Promissory Note with Monthly Payments and No Penalty

      If you are lending money to someone, be sure you get paid back. Have the borrower sign this Promissory Note with Monthly Payments and No Penalty, for use in Canada. The borrower agrees to repay the debt in equal monthly payments of combined principal and interest, with the balance due on a date spe...

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    • Canada Purchase Money Promissory Note for Employee to Purchase Option Shares

      Encourage your employees to buy stock in the company by loaning them the money to purchase option shares under this Purchase Money Promissory Note for Canadian companies. Interest on the Note will be calculated and paid monthly. The amount due under the Note is subject to setoff for bonus compen...

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    • Canada Purchase Money Promissory Note to Purchase Real Estate

      Prepare a Purchase Money Promissory Note to purchase real estate with this downloadable template for transactions in Canada. This form of promissory note is used for real estate sales where the buyer is paying part of the purchase price over time. The buyer will pay off the balance of the purchase...

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    • Canada Revolving Loan Promissory Note

      Canadian lenders, prepare a Promissory Note to support a Revolving Loan Agreement with this template form. This type of Note is typically used to secure construction financing. Provisions of the Note include: maturity date, interest rate, events of default, waiver, expenses and costs, l...

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    • Canada Secured Installment Note with Fixed Payments and Prepayment Fee

      Canadian lenders, secure repayment of a loan with this Installment Promissory Note which is backed by collateral belonging to the borrower. The principal and interest will be repaid by a series of regular fixed installment payments. The borrower has the option to prepay the Note, but the lender ...

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    • Canada Series Promissory Note

      Canadian lenders, create a series of promissory notes, each with its own due date, with this Series Promissory Note template for Canada. The lender has the option to demand payment under all of the notes if the borrower defaults in payment due under any one of the notes. This Canada Series Prom...

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    • Canada Term Promissory Note

      Canadian lenders, secure the repayment of a loan with this Term Promissory Note template for Canada. The Note allows the borrower to repay the loan amount in regular payments of blended principal and interest. The interest is calculated monthly and compounded yearly. This is a reusable legal form...

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