Do you need a Promissory Note Template? Download this professional Promissory Note Template template now!
This ready-made and easy-to-customize blank template is well suited for any kind of personalized business matter. Communicating in a professional way will get you and your company respect and will bring you further in life and business. Using our ready to use and easy to modify Promissory Note Template brings you an extra motivation and inspiration and gives you more time to focus on important subjects in your personalized file.
Promissory Note Dated: FOR VALUE RECEIVED, the undersigned, , (the "Borrower"), located at , , , hereby promises to pay to the order of , (the "Lender"), located at , , , the principal sum of together with interest on the principal balance, and in accordance with the terms set forth below.. To make sure the document is complete, you should include the following: - Full details of the lender including the name and address - Full details of the borrower including the name and address - Principal amount of the loan - Any interest accrued on the loan and the rate of interest - Repayment options - Repayment schedule - Any additional stipulations relating to the loan such as prepayment or default of the loan REPAYMENT OPTIONS The Promissory Note should clearly set out the repayment schedule so that there is no question as to how and when the borrower must repay the principal amount of the loan and interest (if applicable) to the lender..
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