A promissory note is a legal document that outlines a borrower’s promise to repay a loan or debt to a lender. It serves as evidence of the debt and the terms of repayment. To make the process of creating a promissory note easier for you, we have compiled a list of 45 FREE promissory note templates and forms that you can use. These templates are available in Word and PDF formats, making it convenient for you to customize them according to your needs.
- Promissory Note Template from TemplateLab
If you are looking for a comprehensive promissory note template, this one from TemplateLab is perfect for you. It provides a clear structure and includes all the necessary information, such as the borrower’s details, lender’s details, loan amount, interest rate, repayment terms, and more.
- Another Promissory Note Template from TemplateLab
This is another excellent promissory note template from TemplateLab. It offers a clean and professional layout, making it easy to read and understand. The template covers important aspects like the loan amount, repayment schedule, and consequences of defaulting on the loan.
- Promissory Note Form - Free Printable Documents
For a simple and concise promissory note form, you can rely on this template from Free Printable Documents. It includes essential details like the date of the loan, names and addresses of the parties involved, terms of repayment, and signatures.
- Promissory Note Template with TemplateLab
This promissory note template from TemplateLab offers a visually appealing design and an organized layout. It covers all the necessary information, including the principal amount, interest rate, due date, and repayment terms. Additionally, it includes sections for the borrower and lender to sign, ensuring the document’s validity.
- Example Promissory Note Template from GeneEvaroJr
If you are in need of an example promissory note template, this one from GeneEvaroJr is an excellent choice. It provides a clear and detailed example to help you understand how to create your own promissory note. You can use this template as a reference to ensure that you include all the necessary information.
Using these free promissory note templates and forms will save you time and effort in creating a promissory note from scratch. They are customizable to suit your specific needs and can be easily downloaded in Word or PDF format. Remember, it is crucial to consult legal professionals to ensure that your promissory note is legally binding and enforceable.
Creating a promissory note is an important step in any lending or borrowing transaction. It protects both the borrower and the lender by establishing clear terms of repayment. By utilizing these free templates, you can create a promissory note that meets your requirements in a simple and efficient manner.