Every entrepreneur at one time or another has probably sat around the dinning room table presenting his or her brilliant business concept to an uncle, college buddy or colleague hoping to fineness a ...

Everyone likes to collect the money owed to them. This is why banks use promissory notes when extending you a mortgage or car loan. The promissory note is basically an "I Owe You" with an official ...

You have to spend money to make money, as the old saying goes. But sometimes you have to borrow money to spend money, too. “It’s really the most important legal document that establishes the ...

Promissory notes are legal documents that state the terms and conditions to pay money. Promissory notes can be used by businesses to obtain credit, goods and capital. They are signed by individuals ...

Startups raising their first round of capital have to decide which type of investment vehicle to use. The two most popular options are convertible promissory notes and SAFEs, or simple agreement for ...

What is a promissory note? It is a "promise to pay", or an IOU, whereby one party (in this case the Government) makes an unconditional promise, in writing, to pay a fixed sum of money to the payee ...

Finally, a deal on the much-discussed but little understood promissory notes seems imminent. But what exactly are they, how much are they costing us and what does a deal mean? In simple terms it’s a ...