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Loan Transaction Forms

Before you lend money, secure the loan and make sure you get repaid with these template Loan Transaction Forms.


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  • Agreement to Compromise Debt

    If someone owes you money and you're willing to accept payment of a reduced amount in order to settle the debt, draw up an Agreement to Compromise Debt to set the terms. The creditor agrees to accept the reduced sum as payment in full, provided that the total amount is paid within a specified time....

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  • Agreement to Extend Time for Debt Repayment

    Creditors, you can extend the amount of time in which a borrower pays back their indebtedness with this Agreement to Extend Time for Debt Repayment. The repayment period is extended to give the borrower more time, provided that all payments are made on time. If the borrower fails to make a payment...

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  • Assignment and Direction to Pay Settlement Proceeds

    Assign the settlement proceeds of an insurance claim to a lender as security for a loan with this Assignment and Direction to Pay Settlement Proceeds form. The Assignment includes a direction from the borrower to the insurance company, to pay the lender any proceeds recovered in a settlement of a p...

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  • Assignment of Fire Insurance Policy

    Assign your interest under a fire insurance policy with this easy-to-use template Assignment Form. The assignor (usually a borrower) assigns its interest under a fire insurance policy to another party (usually a lender). The assignment would be used as collateral for a loan. The assignment form i...

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  • Assignment of Loan Contracts

    Assign various loan documents from one lender to another with this Specific Assignment and Transfer of Contracts. The new lender assumes the original lender's rights and responsibilities under the contracts. The document includes a Notice of Assignment form that must be sent to each borrower and t...

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  • Assignment of Rents by Lessor With Repurchase Agreement

    Lenders, have a corporate borrower sign over the rents under a lease of company-owned property with this Assignment of Rents by Lessor with Repurchase Agreement. The Assignment is given as security for a loan and other credit facilities being advanced to the borrower. The lender (assignee) does...

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  • Commercial Loan Proposal Letter

    Looking for a business loan? Prepare a Commercial Loan Proposal Letter for a lender with this easy-to-use template. You could use this template to source out a loan for expansion, research and development, enhancements to your product lines, or additional operating capital. The loan proposal lette...

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  • Demand Letter to Guarantor

    Lenders, demand payment from a guarantor under a loan document with this Demand Letter to Guarantor. The letter informs the guarantor that the debtor whose indebtedness was guaranteed by the guarantor has defaulted in making payments towards the loan. The lender demands that the guarantor pay the ...

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  • General Assignment of Book Debts

    Lenders, obtain a General Assignment of Book Debts from a borrower to secure a loan. The borrower assigns its book debts and accounts to the lender as general continuing collateral security for a commercial loan or credit facilities provided by the lender. The assignment gives the lender the righ...

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  • Irrevocable Letter of Credit

    Prepare an Irrevocable Letter of Credit with this easy-to-use template form. The Letter of Credit cannot be revoked before its expiry date. The Letter of Credit will be honored by the issuing bank upon written demand for payment by the beneficiary. The beneficiary must confirm in writing that the...

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  • Notice of Private Sale of Collateral

    Serve this Notice of Private Sale of Collateral on a debtor prior to the sale of the debtor's collateral which is being sold to satisfy an outstanding debt. The Notice must be served on the debtor by the lender ⁄ secured party, to advise the debtor that collateral pledged as security by the...

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  • Notice of Public Sale of Collateral

    Before you can sell a debtor's collateral at a public sale to satisfy an outstanding debt, you must serve the debtor with a Notice of the sale. The Notice advises the debtor that the collateral pledged as security for a loan will be sold at public auction by the lender to cover all or part of the d...

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  • Notice to Debtor of Assignment of Debt

    Give notice to a debtor that you have assigned their debt with this free Notice to Debtor of Assignment of Debt. The notice is given by a creditor, advising the debtor that their debt has been assigned to a third party, as part of a sale of assets. This is a generic form which is not specific to a...

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  • Notice to Debtor of Authority of Agent to Receive Payment

    Lenders, give notice to a debtor that you have appointed an agent to collect an outstanding debt with this Notice to Debtor of Authority of Agent to Receive Payment. The agent is authorized to receive payment from the debtor on behalf of the lender. The authorization remains in effect until revok...

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  • Priorities Agreement Between Two Lenders

    Prepare a Priorities Agreement between a debtor and two lenders with this ready-made template. The lenders are both secured parties under loan agreements or credit arrangements with the debtor. The Agreement sets out the priority of the lenders' security positions. Each of the lenders agrees that...

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  • Setoff Agreement for Mutual Debts

    Set off a debt between a company and one of its shareholders with this easy Setoff Agreement template. The company and the shareholder are each in debt to the other. Each of the parties agrees to cancel their debt by setting off the debts one against the other. This Setoff Agreement for Mutual De...

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  • Shareholder Resolution to Authorize Borrowing Against Assets

    Use this template to prepare a Resolution of the Shareholders of a business corporation, to authorize the Board of Directors to borrow money against the corporation's assets, inventory and equipment. This Shareholder Resolution to Authorize Borrowing Against Assets form is available in MS Word fo...

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  • Standstill Agreement for Developer Loan Obligations

    Land developers, get an extension of time to repay a mortgage loan on your development properties by inducing the lender to sign this Standstill Agreement for outstanding loan obligations. The lender agrees to stand still on recovering repayment of the borrower's mortgage for the time being, in re...

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  • Subordination Agreement (long form)

    Prepare a Subordination Agreement between two lenders with this long form template. The purpose of the Subordination Agreement (also called a Postponement Agreement) is to induce a new lender to extend a loan to a borrower. One lender (postponing creditor) agrees to subordinate and postpone its s...

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  • Subordination Agreement (short form)

    Prepare a short-form Subordination Agreement between a secured creditor and a new lender with this easy-to-use template. The secured creditor agrees to subordinate its security interest in a borrower's personal property (inventory, equipment, accounts, book debts) to the new lender's security inter...

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