Promissory Note
A promissory note, or “promise to pay”, is a note that details money borrowed from a lender and the repayment structure. The document holds the borrower accountable for paying back the money (plus interest, if any). There are 2 types of promissory notes, secured and unsecured. A secured note is an agreement for borrowed money with the condition that if it is not paid back to the lender then the security, which is usually an asset or property, is turned over to the lender. Therefore, an unsecured note is an agreement for borrowed money although does not have any assets or property listed as collateral if the note goes unpaid.
If you are lending, loaning, or looking to borrow money or an item from someone, this contract is perfect for you.
Key Provisions
Parties
Terms
Duration
Signatures
Scope
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Purchase Includes
1 Personal Use License - to Download & Edit for your personal Use
How To Use Guide
Peace of Mind
**** DOWNLOAD YOUR FILE WITHIN 24 HOURS OF PURCHASE ****
A promissory note, or “promise to pay”, is a note that details money borrowed from a lender and the repayment structure. The document holds the borrower accountable for paying back the money (plus interest, if any). There are 2 types of promissory notes, secured and unsecured. A secured note is an agreement for borrowed money with the condition that if it is not paid back to the lender then the security, which is usually an asset or property, is turned over to the lender. Therefore, an unsecured note is an agreement for borrowed money although does not have any assets or property listed as collateral if the note goes unpaid.
If you are lending, loaning, or looking to borrow money or an item from someone, this contract is perfect for you.
Key Provisions
Parties
Terms
Duration
Signatures
Scope
& More
Purchase Includes
1 Personal Use License - to Download & Edit for your personal Use
How To Use Guide
Peace of Mind
**** DOWNLOAD YOUR FILE WITHIN 24 HOURS OF PURCHASE ****
A promissory note, or “promise to pay”, is a note that details money borrowed from a lender and the repayment structure. The document holds the borrower accountable for paying back the money (plus interest, if any). There are 2 types of promissory notes, secured and unsecured. A secured note is an agreement for borrowed money with the condition that if it is not paid back to the lender then the security, which is usually an asset or property, is turned over to the lender. Therefore, an unsecured note is an agreement for borrowed money although does not have any assets or property listed as collateral if the note goes unpaid.
If you are lending, loaning, or looking to borrow money or an item from someone, this contract is perfect for you.
Key Provisions
Parties
Terms
Duration
Signatures
Scope
& More
Purchase Includes
1 Personal Use License - to Download & Edit for your personal Use
How To Use Guide
Peace of Mind
**** DOWNLOAD YOUR FILE WITHIN 24 HOURS OF PURCHASE ****
HOW TO USE:
Download the file.
Simply fill in the blanks with your specific business information.
We’ve included highlighted brackets so that you’ll easily know where to insert or customize the information to your specific business needs. You also have the option to add or delete any provisions as you, the business owner, sees fit.
The templates come in Microsoft Word format so that you can lift specific provisions or the entire agreement and copy and paste or embed them in your favorite client management software.
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