Promissory Note Forms: Advantages For Business Owners

Most people have the need of a promissory note form at some point during their business or personal dealings. For example, you might sell a painting from you estate. If you lend money to a family member it is important that you have an agreement that covers all the important points upon which you and the other party have agree. These and many other types of common documents need to have standardized wording. Here are a few of the reasons why getting your documents prepared and printed online with One2One Lending makes good sense.
Small business owners use many promissory note documents in their transactions. Some online forms that are available are related to a particular type of business. If you use a standard form that has the entire promissory note wording, your business will be perceived as responsible and professional. Novices who use hand-written or improperly prepared documents may find that they didn’t cover all the necessary terms in preparing the forms.
A document prepared by an attorney will have the required wording and include all the necessary components. If the document is technically correct, you are less likely to get into trouble with your promissory note later on. If you have a promissory note from One2One Lending and are still uncertain, take the prepared form to an attorney and ask for a review. This method will still save you money, as it requires less attorney time to review.
Even the simplest form prepared by an attorney can be very expensive. Attorneys typically charge by the hour and bill in fifteen minute segments. So a form that takes only a couple minutes to locate and print may end up costing you significant money. Using online forms also saves you time, since you don’t have to go to the attorney’s office, set up an appointment and return a second time to pick up the completed documents.
When you use online services, it’s easier than explaining to an attorney what it is you want prepared. Online documents allow you to receive a finished product that fits your exact circumstances. With online forms, you answer a few questions, review the completed document online and print the copy for your use.
The forms are completed seamlessly online so that the printed product appears to be custom prepared with your information included. The document looks professional. You won’t have to use a pre-printed form and fill in blanks or cross out sections that don’t apply.
Online promissory note forms make a lot of sense in many situations. The document you receive will have all the needed promissory note terms so that it is precise. It takes only moments to have a document that is specific to your own needs.

Borrowing from Friends and Family - Put it in Writing

Borrowing from friends, family? Put terms in writing - a great article by
By Jayne O'Donnell, USA TODAY

Why pay a bank a high interest rate to borrow money on credit cards when you can borrow from your family for much less?

This is the question that is the basis for companies like One2One Lending. One2One offers the private lender all of the tools and resources to complete a successful loan – without the fees associated with lawyers. Through its website, www.One2One Lending.com the company is the leading provider of Private Lending tools such as:

•Promissory Note Agreements
•Sample Loan Forms
•Private Loan Agreements
•Simple Loan Contracts
A typical story of a one to one customer is Jimmy Z from Long Island, New York. “I was looking for a do-it-myself promissory note to borrow some money for my new card shop. One2One’s website was easy to use and in no time I set up a promissory note with a friend in the business. We agreed on the interest rate and the loan payment amount, and then we put our agreement in writing.”

One2One Lending helps out new business owners who would have put thousands of dollars on their credit cards at high interest rates to fund their new businesses. Instead, they are able to borrow money from family members at a much lower rate and keep the money in the family.

One2One Lending empowers lending among family members and provides people with funding alternatives to high interest rates and difficult banks. If you’re paying high interest rates on business capital or any kind of loan and a family member might consider helping you out One2One’s website will provide the resources and tools to help establish a successful private loan.