Canada Purchase Money Inventory Security Agreement

Canadian suppliers, if you sell inventory on credit to your customers, secure payment for the goods with this Purchase Money Security Agreement for Canada.

Under the Agreement, the supplier (secured party) agrees to extend credit to the customer (debtor) for the purchase of inventory, in exchange for a purchase money security interest in all of the debtor's present and after-acquired inventory and proceeds.

This Canada Purchase Money Inventory Security Agreement is provided in MS Word format, and can be used in any province that has Personal Property Security Act legislation.