When someone owes someone money, it is important that all the information in regard to the situation is recorded. You need to have some way to track just what has happened/is happening. A promissory note template can help you do just that.

 

Tips for using a promissory note template:

  1. Be sure that both parties know just what they have agreed upon, and then record that information on the template.
  2. Add the sum total in both numbers and words on the line provided on the template.
  3. Create two copies of the promissory note, so that each party can hold onto their own.
  4. Using the spot provided on the template, fill in the date that the promissory note was issued.
  5. Using the designated field on the template, the maker should leave their signature.

This free template helps anyone create a promissory note that is professional, easy to use, and is easy for everyone to understand.