Archive for the ‘Promissory Notes for Business’ Category

Convertible Promissory Note Definition

Tuesday, March 2nd, 2010

What is a convertible promissory note? It is a kind of a promissory note that can be converted by the note-holder into financial assets (financial conversion) or something physical such as gold or cash (physical conversion) at any time. Like other promissory notes, it can bear interests and be payable ...

Promissory Notes for Small Businesses and Sample Form

Wednesday, November 18th, 2009

One of the biggest challenges that you may have as a small business owner is probably shortage of cash. You want to expand the business, have to pay your suppliers while collecting accounts receivable or cover unexpected emergency expenses. You can apply for a loan from banks or other financial ...