Promissory note template
Businesses sometimes need to borrow money from partners, friends or a family member. A promissory note allows you to document that borrowing. The legally binding document lays out the loan’s terms and helps protect both the borrower and lender.
You can create your own promissory note by downloading this template and then filling in your details.
What you’ll see in a promissory note template:
- loan amount
- interest rate to be paid
- repayment schedule
- borrower and lender’s names and signatures