Promissory Note Template
Promissory note template is a written, signed and unconditional order to pay certain sum of money in a specified time on demand. It can be simply stated as a promise that is used in business dealings. It is a written contract between the maker (the payer) and the lender (the payee), with specific terms and conditions on which an amount is paid from one party to another party. Promissory note can be of two types; unsecured and secured. An unsecured promissory note doesn’t include any liability on the payment process, amount of loan is agreed which is determined by maker’s capability to pay while secured promissory note may also be signed based on the maker’s ability to repay, but it is secured by a thing of value such as a car or a house etc.
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What Makes Promissory Note Template Different?
There are several crucial points which makes this template more appealing and different as compare to other online available templates and these are given below;
1- This Promissory Note Template is prepared with all possible contents and drafts. It can help viewer or user to insert relevant data in it without much hazels. All he/she needs is to download this template.
2- This template is provided in MS Word software which is very easy to use. Thus it provides more and more options to re-design it and can add more information. This can increase the value of work and enables reader to understand the message completely.
3- All templates provided in this website, including promissory note template are printable. Once template is downloaded, you can get print view and can hit “Print” button. Once you have done some work on it like editing or amending, then you will need to reconsider print properties before taking print out.
Click on the download button to get this Promissory Note Template.