Ontario Loan Agreement for Non-Revolving Bridge Financing

Prepare a Loan Agreement for a non-revolving loan for bridge financing with this downloadable template for Ontario.

• This type of loan agreement is typically used for construction projects.
• Advances will be made as and when needed, up to a maximum amount.
• Interest will be calculated daily based on the principal balance outstanding, not compounded.
• Principal may be repaid at any time with no prepayment penalty.
• All outstanding principal and interest becomes due upon completion of the project.
• This legal contract template is available as a downloadable and fully editable MS Word template.
• Intended for use only in the Province of Ontario, Canada.