Promissory Note Template Bc Free. A promissory note is an agreement to borrow money from someone else stating specific time-periods for being paid-back along with an interest rate, late payment penalties, and any other terms the parties agree upon. There are many free promissory note templates available on the web which just require you to edit and use.
A promissory note template is similar to a Loan Agreement template, with the latter being much more sophisticated and complex.
Customize this simple printable promissory note template to define terms of a loan for your business that is legal in your state.
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This document is to be used as a guideline only. Below you find a link to customize a promissory note form template. When we talk about promissory notes, most people think that this is a very convenient way to insure your debt but there are some flaws of this note as well as good benefits for each party.
