Raising money from family or friends is easy capital. Just be sure to follow basic but important lending guidelines when making a binding agreement to pay it back. Every entrepreneur at one time or ...

Lindsay VanSomeren is a personal finance writer based out of Kirkland, Washington. Her work has appeared on Business Insider, Credit Karma, LendingTree, and more. If you’re lending someone a large ...

A promissory note is the contract between you and your lender that sets the terms of the loan you are taking. It is very important that you carefully read through each promissory note before you sign ...

A promissory note is a mortgage document promising to pay back a lender under certain terms. The note includes information such as how much you're borrowing and the mortgage interest rate. The lender ...

At some point in the life of your business, you will likely need to borrow money -- particularly if you need to buy new equipment or inventory. Loans from banks or other institutional lenders are ...

Understand the total interest by multiplying the annual charge by the number of years in your note. Calculate yearly interest by multiplying the principal amount by the interest rate. Know your full ...

A promissory note is a binding agreement between a lender and a borrower. While they aren't necessarily complicated, it's essential to follow a simple promissory note sample and follow steps to make ...