Accounts Receivable Security Agreement | Canada

Document your security interest in a borrower's property with this Accounts Receivable Security Agreement template for Canadian lenders.

  • The Agreement is part of the documentation that the borrower must provide to the lender, to secure a loan or line of credit.
  • The Agreement grants the lender a security interest in all of the borrower's present and future personal property including inventory, equipment, accounts receivable and book debts.
  • The form is governed by Canadian laws and can be used in any province or territory which has Personal Property Security Act legislation.
  • Buy and download the template in MS Word format. Other formats available on request.
Document Type: Microsoft Word
Last Updated: 14-November-2024
SKU: 602
$17.99
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Purchase accounts receivable from Canadian companies with this Factoring and Accounts Receivable Security Agreement with Limited Recourse.

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  • Governed by Canadian laws and intended for use only in Canada.
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Secure a loan or line of credit with this General Security Agreement for Canadian lenders.

  • The borrower grants the lender a security interest in all of the borrower's personal property (inventory, equipment, accounts and book debts), and all income and proceeds from that personal property.
  • The General Security Agreement secures payment and performance of all of the borrower's present and future indebtedness to the lender, including the lender's costs of enforcing the Agreement.
  • The borrower agrees to protect and preserve the collateral property, to keep it in good condition and repair, to pay all taxes and charges levied against it, and to keep it fully insured.
  • So long as the borrower is not in breach of its obligations, the borrower retains possession of the collateral and can use it in the ordinary course of its business.
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Are you loaning money or extending credit facilities to a customer or other party? Document your security interest as a creditor with this Loan Security Forms Package for Canadian lenders.

  • The package contains the following forms:
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