A promissory note is a binding agreement between a lender and a borrower. While they aren't necessarily complicated, it's essential to follow a simple promissory note sample and follow steps to make ...

If you get a mortgage to buy a home, you will end up signing something called a promissory note. So what exactly is a promissory note? In the most basic terms, it’s a legal document you sign ...

You have to spend money to make money, as the old saying goes. But sometimes you have to borrow money to spend money, too. “It’s really the most important legal document that establishes the ...

Although it may appear on different types of documents, the term "payable on demand" almost always is associated with promissory notes. As the words imply, the term means a debt must be paid when the ...

An increasingly popular method we see for a company to raise capital is through a convertible promissory note financing (“note financing”). Note financing is a time- and cost-effective alternative to ...

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. Eric's career ...