If your company is loaning funds to another company or individual, or providing extended payment terms, make sure that you secure that risk.
We at Falcone|Law can help to ensure that your company is protected. We can draft the terms of the extended payment options or loan agreement and then we can register security pursuant to the Personal Property Security Act (Ontario). This will put you in the position of a secured creditor should a bankruptcy or insolvency occur.
We look forward to discussing the protection of your interests, please feel free to give us a call.