This downloadable Grid Note (or Term Note) can be used to secure multiple advances of loan proceeds.
The form can be used anywhere in 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 construction financing, where more than one advance of loan proceeds would be made.
The Canada Grid (Term) Promissory Note for Multiple Advances is provided in MS Word format, and is easy to download, fill in with your details, and print.
Last Updated: 30-October-2016