Ƶ

Business To Business Loan Agreement for Canada

Business To Business Loan Agreement Template for Canada

A comprehensive legal agreement governed by Canadian law that establishes the terms and conditions for a loan between two business entities. This document outlines the loan amount, interest rates, repayment terms, security arrangements, and default provisions in accordance with Canadian federal and provincial regulations. It includes specific provisions for compliance with Canadian interest rate laws, security registration requirements, and commercial lending practices, while incorporating necessary protections for both the lender and borrower under Canadian commercial law.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Business To Business Loan Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Business To Business Loan Agreement?

The Business To Business Loan Agreement is a crucial document used when one business entity provides financial assistance to another in Canada. This agreement is essential for commercial lending transactions where a business lender (often a financial institution or private lending company) extends credit to another business entity. The document must comply with Canadian federal laws such as the Interest Act and Bank Act, as well as relevant provincial regulations. It typically includes detailed terms about the loan amount, interest calculations, repayment schedules, security arrangements, events of default, and remedies. This agreement is particularly important for maintaining clear records of commercial obligations and ensuring enforceability under Canadian law, while protecting both the lender's and borrower's interests through properly documented terms and conditions.

What sections should be included in a Business To Business Loan Agreement?

1. Parties: Identification of the Lender and Borrower with full legal names and addresses

2. Background: Context of the loan arrangement and brief description of the purpose

3. Definitions: Defined terms used throughout the agreement

4. Loan Amount and Purpose: Specification of the principal amount and permitted use of funds

5. Interest Rate and Calculation: Interest rate, calculation method, and payment frequency

6. Repayment Terms: Payment schedule, amounts, and methods of payment

7. Security: Description of security or collateral for the loan

8. Conditions Precedent: Conditions that must be met before the loan is advanced

9. Representations and Warranties: Borrower's statements about its legal and financial status

10. Covenants: Ongoing obligations of the Borrower during the loan term

11. Events of Default: Circumstances that constitute default and consequences

12. Remedies: Lender's rights and remedies upon default

13. General Provisions: Standard contract clauses including notices, amendments, and governing law

What sections are optional to include in a Business To Business Loan Agreement?

1. Syndication Provisions: Required when multiple lenders are involved or if the loan may be syndicated

2. Guarantees: Include when third-party guarantees are part of the security package

3. Insurance Requirements: Detailed insurance obligations when specific insurance coverage is required

4. Subordination Terms: Include when the loan must be subordinated to other debt

5. Environmental Indemnity: Required when the security includes real property or environmental risks

6. Change of Control: Include when restrictions on ownership changes are necessary

7. Currency Provisions: Required for loans involving multiple currencies

8. Tax Provisions: Detailed tax arrangements when complex tax implications exist

What schedules should be included in a Business To Business Loan Agreement?

1. Repayment Schedule: Detailed amortization schedule showing payment dates and amounts

2. Security Documents: Forms of security agreements, guarantees, and other security documents

3. Permitted Liens: List of pre-approved liens that may exist on the security

4. Compliance Certificate: Form of certificate for periodic financial compliance reporting

5. Drawdown Notice: Form of notice for requesting loan advances

6. Financial Covenants Calculation: Detailed methodology for calculating financial covenants

7. Existing Indebtedness: Schedule of borrower's existing debt obligations

8. Corporate Information: Corporate structure, subsidiaries, and organizational documents

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Canada

Publisher

Ƶ

Document Type

Loan Agreement

Sector

Banking

Cost

Free to use
Relevant legal definitions













































Clauses































Relevant Industries

Financial Services

Manufacturing

Real Estate

Technology

Retail

Construction

Healthcare

Energy

Transportation

Agriculture

Professional Services

Hospitality

Mining

Telecommunications

Relevant Teams

Legal

Finance

Treasury

Risk Management

Compliance

Credit Administration

Corporate Secretariat

Business Development

Commercial Lending

Operations

Relevant Roles

Chief Financial Officer

Finance Director

Corporate Lawyer

Legal Counsel

Treasury Manager

Credit Manager

Risk Manager

Commercial Lending Officer

Business Development Manager

Account Manager

Compliance Officer

Financial Controller

Corporate Secretary

Business Owner

Managing Director

Industries









Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Loan Agreement With Co Maker

A Canadian-law governed loan agreement establishing terms between a lender, borrower, and co-maker, with shared repayment responsibility.

find out more

Family Loan Contract

A Canadian legal agreement formalizing monetary loans between family members, establishing terms, conditions, and repayment obligations while complying with federal and provincial laws.

find out more

Take Over Car Loan Payments Contract

A Canadian legal agreement facilitating the transfer of car loan payment obligations from an original borrower to a new borrower, outlining terms and protecting all parties' interests.

find out more

Repayment Of Debt Agreement

A Canadian-law governed agreement establishing formal terms for debt repayment, including payment schedule, interest rates, and default provisions.

find out more

Private Lending Agreement

A Canadian-law governed agreement establishing terms and conditions for a private loan between parties, including loan amount, interest, repayment terms, and security arrangements.

find out more

Pre Contract Agreement Car (Finance)

A Canadian jurisdiction preliminary agreement outlining terms and conditions for potential vehicle financing, serving as a precursor to the final finance contract.

find out more

Cellphone Loan Agreement

A Canadian-law governed agreement establishing terms and conditions for mobile device loans, including usage rights, responsibilities, and return requirements.

find out more

Car Payment Agreement Form

A Canadian legal document establishing terms and conditions for vehicle payment arrangements, including purchase details, payment schedules, and party obligations.

find out more

Agreement Between Co Signer And Borrower

A Canadian legal agreement defining the relationship and obligations between a co-signer and borrower for a loan guarantee, governed by federal and provincial laws.

find out more

Friendship Loan Agreement

A Canadian legal document formalizing a loan agreement between friends, establishing clear terms while complying with federal and provincial lending laws.

find out more

Syndicated Facility Agreement

Canadian law-governed agreement establishing terms for a syndicated loan facility provided by multiple lenders to a borrower, including loan terms, parties' rights, and obligations.

find out more

Private Loan Agreement For (Real Estate)

A Canadian-law governed agreement establishing terms and conditions for a private loan secured by real estate property, including loan terms, security arrangements, and party obligations.

find out more

Peer To Peer Lending Agreement

A Canadian-law governed agreement establishing terms and conditions for direct lending between private individuals, including loan terms, interest rates, and mutual obligations.

find out more

Revolving Credit Contract

A Canadian law-governed agreement establishing a revolving credit facility that allows for multiple draw-downs and repayments up to a specified credit limit.

find out more

Family Member Promissory Note

A Canadian legal document formalizing loan agreements between family members, establishing terms, conditions, and repayment obligations in compliance with federal and provincial regulations.

find out more

Vendor Finance Loan Agreement

Canadian-law governed agreement establishing terms for vendor-provided financing for goods or equipment purchase, including loan terms, security, and enforcement provisions.

find out more

Fixed Sum Loan Agreement Early Settlement

Canadian-law governed fixed-sum loan agreement with early settlement provisions, compliant with federal and provincial lending regulations.

find out more

Employee Loan Agreement Interest

A Canadian-law governed agreement establishing terms for an employer-provided loan to an employee, including interest rates, repayment terms, and compliance with relevant regulations.

find out more

Acknowledgement Of Debt Agreement

A Canadian legal document formally acknowledging a debt obligation and establishing repayment terms, governed by federal and provincial laws.

find out more

Construction Loan Contract

A legal agreement governing construction project financing in Canada, outlining loan terms, construction requirements, and compliance with federal and provincial regulations.

find out more

Demand Loan

A Canadian jurisdiction agreement establishing terms for a loan that can be called for repayment at any time by the lender, including amount, interest, and parties' obligations.

find out more

Home Equity Loan Agreement

A Canadian-law governed agreement establishing terms for borrowing against home equity, detailing loan conditions, security arrangements, and compliance with federal and provincial regulations.

find out more

Inter Lender Agreement

A Canadian-law governed agreement establishing priorities and relationships between multiple lenders providing financing to the same borrower.

find out more

Overagreement

Canadian master agreement establishing framework terms for ongoing business relationships and subsequent agreements.

find out more

Facility Letter Mortgage

A Canadian legal document combining credit facility terms with mortgage security requirements, setting out the conditions for property-secured lending under Canadian federal and provincial regulations.

find out more

Credit Terms Agreement

A Canadian-law governed agreement establishing credit terms between parties, including credit limits, interest rates, and payment conditions in compliance with federal and provincial regulations.

find out more

Assignment Of Loan Agreement

A Canadian legal document transferring loan rights and obligations from one lender to another, compliant with federal and provincial regulations.

find out more

Agreement Between Two Persons For Money

A Canadian-law governed agreement documenting a monetary loan between two individuals, establishing loan terms, repayment conditions, and legal obligations.

find out more

Subordinated Loan Agreement

A Canadian-law governed agreement establishing terms for a subordinated loan and its ranking below senior debt obligations.

find out more

Work Loan Agreement

A Canadian legal agreement establishing terms for an employer-provided loan to an employee, including repayment terms and employment relationship considerations.

find out more

Peer To Peer Lending Contract

A Canadian-law governed agreement establishing terms and conditions for direct lending between private individuals, including loan terms, obligations, and regulatory compliance requirements.

find out more

Letter To Borrow Money From Friend

A Canadian-compliant formal letter documenting a personal loan agreement between friends, establishing loan terms while maintaining legal validity under Canadian law.

find out more

Student Loan Agreement

A Canadian-law governed agreement establishing terms and conditions for student financial assistance, compliant with federal and provincial student loan regulations.

find out more

Simple Loan Application Form

A Canadian-compliant loan application form for collecting borrower information and required disclosures under federal and provincial lending regulations.

find out more

Private Lending Term Sheet

A Canadian-compliant document outlining key terms and conditions for a private lending arrangement, serving as the foundation for a final loan agreement.

find out more

Personal Loan Receipt

A Canadian-compliant document acknowledging receipt of a personal loan, specifying loan amount, terms, and parties' obligations.

find out more

Payday Loan Contract

Canadian payday loan agreement template compliant with federal and provincial regulations, governing short-term consumer loans with mandatory disclosures and protections.

find out more

Loan Note

A Canadian-law governed financial instrument documenting loan terms, repayment obligations, and security arrangements between lender and borrower.

find out more

Investment Loan Contract

A Canadian-law governed agreement establishing terms for an investment-purposed loan, including loan terms, investment parameters, and regulatory compliance requirements.

find out more

Facility Agreement

A Canadian law-governed agreement establishing terms for providing credit facilities, including loan terms, security arrangements, and compliance with Canadian banking regulations.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it