The Government of Canada has announced its intention to merge BDC and EDC. Today, BDC remains BDC, and we remain fully committed to Canadian entrepreneurs. Learn more

The Government of Canada has announced its intention to merge BDC and EDC. Today, BDC remains BDC, and we remain fully committed to Canadian entrepreneurs. Learn more

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.

Chief Financial Officers (CFOs)

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.

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