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1. Parties: Identification of the seller/creditor and buyer/debtor with full legal names and addresses
2. Background: Context of the sale and credit arrangement, including the purpose of the agreement
3. Definitions: Key terms used throughout the agreement, including financial and technical terms
4. Purchase Details: Description of goods/services being purchased, including specifications and delivery terms
5. Credit Terms: Principal amount, interest rate, APR, total cost of borrowing, and payment schedule
6. Payment Terms: Payment amounts, frequency, methods, and due dates
7. Default and Remedies: Events of default and creditor's rights and remedies upon default
8. Representations and Warranties: Statements of fact by both parties regarding their capacity and authority
9. Title and Risk: Transfer of ownership and risk in the goods being sold
10. Notices: How formal communications between parties should be made
11. Governing Law: Applicable Canadian jurisdiction and laws governing the agreement
12. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments
1. Security Interest: Used when the seller requires a security interest in the goods or other collateral
2. Insurance Requirements: Required when insurance must be maintained on the purchased goods
3. Personal Guarantees: When a personal guarantee from a third party is required
4. Prepayment Rights: Details of early payment options and any associated penalties or benefits
5. Assignment: When either party needs the right to assign the agreement to others
6. Electronic Communications: When parties agree to use electronic means for notices and payments
7. Privacy Policy: Detailed privacy terms when extensive personal information is collected
8. Co-Buyers: When multiple buyers are jointly purchasing and financing
1. Schedule A - Description of Goods: Detailed description of goods being purchased including serial numbers and specifications
2. Schedule B - Payment Schedule: Detailed amortization schedule showing all payments, interest, and principal
3. Schedule C - Disclosure Statement: Mandatory credit disclosure information as required by provincial regulations
4. Schedule D - Security Agreement: Details of any security interest being granted in the goods
5. Schedule E - Insurance Requirements: Specific insurance requirements and minimum coverage amounts
6. Appendix 1 - Credit Application: Buyer's credit application and supporting documentation
7. Appendix 2 - Delivery Receipt: Confirmation of delivery and acceptance of goods
Retail
Manufacturing
Automotive
Construction
Industrial Equipment
Consumer Goods
Technology
Agriculture
Heavy Machinery
Home Improvement
Furniture and Appliances
Medical Equipment
Legal
Finance
Sales
Credit Control
Risk Management
Compliance
Commercial Operations
Contract Administration
Collections
Business Development
Credit Manager
Sales Director
Financial Controller
Commercial Lawyer
Risk Manager
Compliance Officer
Chief Financial Officer
Sales Representative
Credit Analyst
Contracts Administrator
Business Development Manager
Account Manager
Collections Manager
Legal Counsel
Finance Director
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