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 ...

When you start a business or begin expanding, you typically need financing. You can contribute savings to your business, obtain a loan from a bank or use credit cards. To protect your personal assets ...

A note is a form of debt. If the note is due within a year, it's a short-term debt; otherwise, it's classified as long term. If you lend money in the form of a note, you usually have the debtor sign a ...

A promissory note is a formal lending document that outlines the terms of a loan agreement and confirms the borrower's commitment to repayment. Promissory notes should contain the parties involved, ...