Promissory Note Template

By | May 7, 2012

The promissory note is a part of the loan settlement and is often being signed by the borrower in order to promise of paying certain amount of interest along with the principal loan amount. The promissory note acts as an agreement between the borrower as well as the lender. It requires certain criteria to be met and clear statement from the borrower that shows its consent to pay that extra sum on principal amount.

The promissory note template is also a similar sort of document that can be used in such arrangements. It is just designed to be used in such circumstances. It is a ready made promissory note that can be used at any time by the involving parties in order to meet their need of loan settlements. It can directly be used without making any adjustment while its flexible manuscript also allows its user to make necessary adjustments as and when they are required.

Click here to download this Promissory Note Template