A promissory note, in its simplest form, is an instrument by which a Borrower (the Maker) acknowledges its obligation to repay the Lender (the Payee). Historically, Lenders required Borrowers to enter ...

When you start a business or begin expanding, you typically need financing. You can contribute savings to your business, obtain a loan from a bank or use credit cards. To protect your personal assets ...

If you need financing to grow your business or are asked to provide financing to a long-term customer, then you can use a promissory note to document the terms. Your promissory note can be a ...