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Logo - Business Development Bank of Canada - BDC

What is it?

Businesses sometimes need to borrow money from partners, friends or a family member. A promissory note allows you to document that borrowing.

This tool will help you

  • Lay out the loan’s terms

    Use the template to see which terms to include such as the loan amount, interest rate to be paid and repayment schedule.

  • Get a legally binding document

    The document helps protect both the borrower and lender.

Format

Word

Size

26.5KB

Category

Money and finance

Who is it for?

Entrepreneurs

Write a legally blinding document that will let you borrow or lend money while protecting yourself.

Financial managers

Don’t forget terms or elements that could be relevant for a promissory note.

Fill in the form to get your tool.
It’s 100% free.

Download

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