Small businesses frequently borrow money, or extend credit, in the course of their operations. A promissory note is the document that sets forth the terms of a loan's repayment. A promissory note can ...

At some point in the life of your business, you will likely need to borrow money -- particularly if you need to buy new equipment or inventory. Loans from banks or other institutional lenders are ...

If you borrow or lend money, a promissory note sets the terms and details of your loan. Though it might seem like another boring document to be skimmed quickly, it's a key component of loans with very ...

Adam Barone is an award-winning journalist and the proprietor of ContentOven.com. He has 5+ years of experience as a content strategist/editor. Suzanne is a content marketer, writer, and fact-checker.

A promissory note is a tool that acts as a “promise to pay” between a lender and a borrower. The legal instrument documents the assurance of repayment by the borrower or payer to the lender or payee.

Lindsay VanSomeren is a personal finance writer based out of Kirkland, Washington. Her work has appeared on Business Insider, Credit Karma, LendingTree, and more. Lindsay VanSomeren is a personal ...

Cash might be considered king, but it isn’t realistic to pay cash for every purchase in your life, such as buying a home or paying for a large renovation project. When buying a house, you may want to ...