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Document Id : 6540
File Type : Microsoft Word
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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 guarantor also agrees to ensure that the creditor receives a monthly installment payment equal to a specified percentage of the guarantor's net revenue.
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