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 ...
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 ...