Product Description
Use the forms in this kit to create an agreement when lending money or making a sale that requires future payment, whether in installments or at a specified date. Make sure all provisions are covered by using these forms. Ensure repayment when you lend money!
Whether you lend money to someone you know, or sell an item that requires future payment, it is always a good idea for both parties to sign a promissory note. These agreements are more formal and much more detailed than an IOU.
A promissory note will always include the amount borrowed, the length of time of the loan, and an interest rate, but there are many approaches one can take. Special provisions may be needed for business loans, and there are many options for repayment, whether as a single payment, in installments, or on demand by the lender. The easy-to-follow instructions included on the CD-ROM will advise you which would best fit your circumstance.
All the forms are included in MS Word and PDF formats for use on a Windows-based PC. Just pop the CD-ROM into the computer and create as many forms as needed!
Forms included on the CD-ROM:
- Promissory Note -- Secured
- Promissory Note -- On Demand
- Promissory Note -- Balloon
- Demand for Overdue Payment on Note
- Security Agreement for Business Loan
- And more!
Instructions included.