At some point in the life of your business, you will likely need to borrow money -- particularly if you need to buy new equipment or inventory. Loans from banks or other institutional lenders are ...
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, ...
Everyone likes to collect the money owed to them. This is why banks use promissory notes when extending you a mortgage or car loan. The promissory note is basically an "I Owe You" with an official ...
Adam Barone is an award-winning journalist and the proprietor of ContentOven.com. He has 5+ years of experience as a content strategist/editor. Suzanne is a content marketer, writer, and fact-checker.
Under the agreement, Wytec sold a promissory note with a principal amount of $94,300 to 1800 Diagonal Lending. The note included an original issue discount of $12,300 and was purchased for $82,000. A ...
Under the agreement, Edgemode sold an unsecured, original issue discount promissory note with a principal amount of $81,600. The company received net proceeds of $60,000, after deducting $8,000 paid ...
The agreement converts over $6.1 million in debt into 5% common stock ownership in the combined companies at closing of the Diverted River Technology, LLC (“Diverted River”) exchange agreement. Boca ...
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