A promissory note, in its simplest form, is an instrument by which a Borrower (the Maker) acknowledges its obligation to repay the Lender (the Payee). Historically, Lenders required Borrowers to enter ...

You have to spend money to make money, as the old saying goes. But sometimes you have to borrow money to spend money, too. “It’s really the most important legal document that establishes the ...