| Line of Credit Promissory Note (Canada) |
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Canada suppliers, if you are offering a line of credit to a customer, secure your interest with this Line of Credit Promissory Note form. The Note allows for multiple advances, up to a specified maximum amount. Interest on the secured amount is simple interest accruing monthly. The Note is secured by a mortgage on the Borrower's property. There is no prepayment penalty. This Canada Line of Credit Promissory Note is provided in MS Word format, and is easy to edit and use. |