Picture of Ontario Loan Agreement for Non-Revolving Bridge Financing Picture of Ontario Loan Agreement for Non-Revolving Bridge Financing

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.
Document Type: Microsoft Word
Last Updated: 09-December-2024
SKU: 1065
$12.49
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Canadian lenders can use this downloadable Loan and Charging Agreement to prepare loan documents for a borrower.

  • The template includes both the Loan Agreement and a promissory note for the principal amount of the loan plus interest.
  • The borrower agrees to register an encumbrance against title to real estate owned by the borrower, as collateral security for the loan.
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  • Available in MS Word format.
  • Intended to be used only in Canada.
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Ontario Loan Agreement for Non-Revolving Term Loan with Royalty Payments

Use this ready-made template to draw up a Loan Agreement for a non-revolving term loan with royalty payments.

  • This is an Ontario legal document.
  • The loan is a non-revolving term loan, to be advanced in a single payment.
  • The loan bears no interest until default. Instead of interest, the borrower will pay a percentage of its net revenues to the lender as a royalty (exclusive of loan advances).
  • All payments are applied to interest first.
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Prepare a Sweat Equity Agreement with a third party who will provide services to your company in exchange for shares with this downloadable template for Ontario businesses.

  • Shares in the company are offered to an independent contractor who will provide services to the company in exchange for an option to purchase shares.
  • The contractor will not be paid any fees for the services but will be reimbursed for pre-approved expenses.
  • The share option will vest after the services have been fully performed, provided the contractor is not in default under the agreement.
  • Upon purchase of the shares, the contractor agrees to become a party to the company's shareholder agreement.
  • This is a downloadable legal form template which is fully editable to fit your business needs.
  • Intended to be used only in the Province of Ontario, Canada.
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