Ontario Security Agreement for Franchise

If you franchise your business model in Ontario, you can secure your franchisees' obligations with this Personal Property Security Agreement.

• The Security Agreement grants the franchisor a security interest in all of the present and after-acquired personal property of the franchisee (debtor) including inventory, equipment, fixtures, goods, and all proceeds therefrom.
• The security interest will secure any future loan financing, operating lines, or other credit facilities provided by the franchisor to the franchisee.
• Buy the form once, use it as often as you like.

Don't leave your position unsecured in the event a franchisee goes under. Buy and download the Ontario Security Agreement and have each of your franchisees sign it.