Financial Forms

Issue debentures as security for funding with this downloadable Convertible Debenture template.

• The Debenture is issued by a corporation to a lender as security for a commercial loan.
• The Debenture is convertible into shares in the capital of the corporation at any time prior to the repayment of the principal amount of the loan (but not including any accrued but unpaid interest).
• This is a generic legal form which is not specific to any country, state or province.
• The Convertible Debenture template is fully editable and can be easily customized to meet your needs.

Issue debentures to investors and lenders with this Canada Convertible Debenture Certificate with RRSP and RRIF Eligibility.

• The Debenture has a 21-year term.
• This is a qualified investment for RRSP and RRIF funds under the Income Tax Act.
• The Debenture is convertible into shares of the issuing corporation.
• Available in MS Word format.
• Governed by Canadian tax laws and intended for use only in Canada.

Raise funds to complete a development through the sale of syndicated mortgage interests with this Co-Ownership Agreement for Canadian land developers.

• The agreement is between the various investors (co-owners of undivided interests in the syndicated mortgage), a trustee holding the land and an agent acting on behalf of the co-owners.
• The co-owners grant the agent power to act as attorney on their behalf with respect to leasing, subdividing, rezoning, sale or otherwise dealing with the lands which are subject to the mortgage.
• The mortgaged lands are registered in the name of the trustee, who holds the lands in trust for the co-owners. The co-owners each hold an undivided interest in the lands as tenants-in-common.
• The agent will collect funds under the mortgage on behalf of the co-owners and make distributions to the owners from those funds.
• The agreement provides for meetings of co-owners, and the keeping of books, records and financial information by the agent.
• This form is part of the paperwork required for a syndicated mortgage investment in Canada.

Use these templates to prepare corporate resolutions for a Canadian corporation to make a loan under a syndicated mortgage.

• The resolutions authorize the corporation to:
  • lend money to a related corporation (typically a land development company) under the terms of a syndicated mortgage on the lands owned by the borrowing company, and
  • enter into a co-ownership agreement with the investors who purchase fractional interests in the mortgage.
• This package of templates is available as a downloadable MS Word file.
• Intended for use only for corporations incorporated in Canada.

Your corporate customers can apply for a credit account with your company by filling out these Credit Application forms.

The package includes:

1. Credit Application Form for Business;
2. Credit Check form, for obtaining information from the trade and banking references supplied by the customer;
3. template letter of refusal, to notify the customer if the application for credit has been denied due to the results of the credit check.

This Credit Application Forms Package for Corporate Customers is a downloadable MS Word file which can be filled in by hand or computer.

Extend credit to individuals with this Credit Application Package for personal accounts.

• The package includes:
  • Credit Application for Individual, to be completed by the customer;
  • Credit Check, to gather information from employment and banking references supplied by the customer;
  • Letter of Refusal, to notify the customer if the application for credit has been denied due to the results of the credit check.
• The Credit Application forms package for personal accounts is easy to download and use. You can customize it to reflect your unique business image.

Have you started succession planning for your business? Ensure continuity of ownership and management with this Criss-Cross Shareholder Buy-Sell Agreement for Canada.

• The Buy-Sell Agreement provides for the purchase of one shareholder's interest by the other shareholder upon the death of the first shareholder.
• The purchase is made by a method called the 'criss cross' method. That means that each shareholder holds a life insurance policy on the other shareholder, and the deceased shareholder's shares are purchased using the proceeds of the life insurance.
• This is a fully editable legal form in MS Word format which can be customized to fit your circumstances.
• Governed by Canadian tax laws and ntended to be used only in Canada.

Ensure the continuity of ownership and management of your company, even if one of the owners dies, with this Shareholder Buy-Sell Agreement for Canadian businesses.

• The shareholders have appointed a trustee for the purpose of holding life insurance policies on each shareholder in trust to the benefit of the other shareholders.
• If a shareholder dies, the trustee, on behalf of the surviving shareholders, will purchase the deceased's shares in the company using the proceeds of the life insurance.
• This is a fully editable legal form in MS Word format which can be customized to fit your circumstances.
• Governed by Canadian tax laws and ntended to be used only in Canada.

Cutting Through Life Insurance Chaos in Canada is a 14-page information package for Canadians.

This package is provided to help you understand:

• the jargon of life insurance,
• the benefits of having good life insurance coverage,
• how to determine whether you need it and how much you need,
• types of personal and business life insurance available,
• term life, whole life, and universal life insurance,
• disability, buy-sell and key man policies.

Get your free copy of Cutting Through Life Insurance Chaos in Canada and find out how to make life insurance part of your financial planning.

Set up pre-authorized payments by direct debit from a customer's bank account with this Authorization Form, for Canadian merchants and financial institutions.

• The payments will be processed in accordance with the Rules of the Canadian Payments Association.
• This form can be used for regular payments on a mortgage or loan, insurance premiums, investments, pension plan contributions, or payments on a customer's account.
• The authorization can be revoked at any time, but the revocation does not alter the customer's obligations to make payments.
• Includes instructions for the procedure by which the customer can dispute a payment that has been improperly withdrawn.
• Available in MS Word format.
• For use in Canada.