Promissory Note

A promissory note documents a promise from the borrower to repay a loan from a lender. The note will state the amount owed, how interest will be calculated, and the payment terms. The note may have provisions for a default and document any collateral used to secure the loan. Some promissory notes maybe convertible to preferred, common or other stock.

Free Customizable Promissory Note Forms


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Promissory Note

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Last modified: July 22, 2015