Promissory Note for Business Loan (Lump-Sum Payment)
Use this IOU form to outline everything you need to lend or borrow money, to be repaid with one
single payment. A lump-sum payment promissory note is for the borrower and lender who want to keep things really simple: The borrower agrees to pay off the loan, plus interest, in one single payment.
A lump-sum payment promissory note is for the borrower and
lender who want to keep things really simple: The borrower agrees
to pay off the loan, plus interest, in one single payment.
This type of promissory note - often called an IOU form - works best for a short-term
loan or a loan from a parent or grandparent to a young adult.
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