Financial

Avoid being scammed by investment fraud artists - read this free guide from Alberta Securities Commission. Learn about:

• How fraudsters target their victims.
• The kinds of approaches fraudsters use to put victims at ease.
• How they sell the benefits and perks of an "investment" opportunity.
• Danger signs to look for when you are presented with an opportunity that seems too good to be true.

"Don't Be Fooled by Fraud" is a publication of The Alberta Securities Commission available in PDF format.

Prepare an Electronic Brokerage Use and Trading Agreement for a brokerage services website with this easy-to-use template.

• The Agreement contains provisions for individual users and for broker-dealers, investment managers and advisers.
• The brokerage has no obligation to accept, or to execute or cancel, all or part of any transaction executed through its trading services.
• The client is responsible for providing all terms and conditions relevant to orders placed, and for designating short sales as such.
• All transactions placed through the online brokerage must comply with applicable laws, rules and regulations.
• The brokerage makes no warranty with respect to any data or information provided in connection with the trading services.
• The brokerage's liability with respect to any transaction is limited to the amount of profit received on the specific transaction.
• The client indemnifies and holds the brokerage and its related parties harmless against losses, claims or damages arising out of the client's use of the website and the trading services.
• Available in MS Word format, which can be converted to html for posting on your website.

Hire an investor relations advisor to provide your company with investment services with this customizable Engagement Letter template.

• The investor relations advisor will provide the following services:
  • helping the client raise capital;
  • handling investor relations;
  • designing and implementing a market development plan;
  • managing the company's marketing and advertising;
  • making presentations to investors;
  • arranging meetings with venture capitalists;
  • and performing other related duties and functions.
• Available in MS Word format and can be easily edited to fit your circumstances.

This in-depth article describes a variety of offshore structures available to residents of Canada, for the purpose of asset protection. In particular, opportunities in the Bahamas are discussed.

The article provides a variety of information, including:

• a summary of how each structure is established,
• the purposes, advantages and disadvantages of each type of structure,
• international business corporations,
• settlement trusts,
• international foundations,
• universal life insurance,
• international deferred compensation programs,
• income stabilization plans,
• individual and corporate funding methods.

Establishing an Offshore Structure for Canadians is intended for residents of Canada, and is provided in Adobe PDF format.

Purchase the accounts receivable of a Canadian business with this Factoring and Accounts Receivable Security Agreement with Full Recourse.

• Under this Agreement (also called a debt purchase contract), a company needing cash for operations sells its accounts receivable to a factor (buyer) for an immediate cash injection, at a discounted rate off the face value of the accounts.
• The buyer has full recourse against the seller for the full amount of any receivable which is not paid or disputed by a customer, together with interest on unpaid accounts.
• The template is provided in MS Word format and is fully editable to meet your needs.
• This is a Canadian legal form which can be used in most provinces and territories.

Purchase accounts receivable from Canadian companies with this Factoring and Accounts Receivable Security Agreement with Limited Recourse.

• Under this Agreement (also called a debt purchase contract), a company needing cash for operations sells its accounts receivable to a factor for an immediate cash injection, at a discounted rate off the face value of the accounts.
• The factor has only limited recourse against the seller for the amount of any receivable which is not paid or disputed by a customer, plus interest on unpaid accounts, up to a predetermined limit.
• The factor will also pay the seller any excess funds received by the factor on customer accounts.
• This legal contract template is available in MS Word format.
• Governed by Canadian laws and intended for use only in Canada.

Prepare a Finder's Fee Agreement for Identifying Potential Financings with this easy-to-use template form for Canada.

• The Agreement is between a Canadian company looking for a source of financial backing and an agent who will introduce the company to potential investors or acquirers to complete a financing with the company.
• The agent will be paid a finder's fee for each financing consummated by the company. The finder's fee will be paid in cash from the proceeds.
• A financing includes acquisition or disposition of an interest in the company, equity investment, loans or other credit transactions, or acquisition by or of a publicly traded company.
• If the financing is completed and payment is received by the client in stages, the agent will be paid in portions corresponding to the stages of payments.
• The client will indemnify the agent against any claims arising as a result of material misrepresentation by the client of any of its corporate information.
• This is a Canadian legal document available in MS Word format, and is fully editable.

Prepare a Fixed Rate Closed Term Mortgage with this template form for Canada.

• Standard provisions of the mortgage include:
  • Equal monthly payments of blended principal and interest (and taxes, if the lender requires).
  • On default, the lender has the right to take possession of the property by distress warrant or by foreclosing on the property.
  • The lender has the right to bring legal action to recover mortgage arrears and costs, plus interest and any other amounts owing.
• Available in MS Word format.
• This template can be used in most Canadian provinces except for Quebec.

If you are getting a home loan to purchase a property, the mortgage lender may require a Flood Zone Statement before funding the mortgage loan.

• This Flood Zone Statement form must be jointly completed by both the buyer and the seller.
• The seller must state whether or not the property is located in an area that is flood prone, as defined by the National Flood Insurance Act.
• The buyer agrees to obtain any required flood hazard insurance.
• This free form can be used anywhere in the United States.

Florida lenders, prepare a Balloon Mortgage for borrowers with this easy-to-use 17-page template.

• The mortgage contains uniform covenants with respect to payment of principal and interest, taxes and insurance, prior mortgages, preservation of the property, acceleration and remedies on default, and other standard mortgage clauses.
• The mortgage and note securing the mortgage may be sold without prior notice to the borrower.
• The mortgage form includes a Rented Property Addendum to be used if the mortgaged property is rental property.
• This template is in MS Word format and is fully editable. You can download the digital file right after purchasing it.
• Intended to be used only in the State of Florida.