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 ...

A promissory note is an agreement between a borrower and a lender. To ensure that the borrower repays the loan, the lender needs to have the borrower's promise to repay the money in writing. The ...

Lindsay VanSomeren is a personal finance writer based out of Kirkland, Washington. Her work has appeared on Business Insider, Credit Karma, LendingTree, and more. Lindsay VanSomeren is a personal ...

When you take out a mortgage, or any other kind of loan, the law requires you to sign a document that signifies your agreement to repay the money. The promissory note represents a binding legal ...