Subordination Agreement (short form)

Prepare a short-form Subordination Agreement between a secured creditor and a new lender with this easy-to-use template.

• The secured creditor agrees to subordinate its security interest in a borrower's personal property (inventory, equipment, accounts, book debts) to the new lender's security interest.
• The Agreement is being signed as an inducement for the new lender to provide loan financing or credit facilities to the borrower.

This short form Subordination Agreement is generic (not country specific). It is available in MS Word format and is fully editable.