Do you sell goods on credit and allow your customers to pay in installments? Secure the outstanding balance on their account with this Installment Promissory Note for Purchase of Goods.
- The maker of the Note (customer) agrees to repay the secured amount by a series of installment payments against the principal and interest due under the Note.
- The supplier (holder of the Note) retains title to the goods until the balance is completely paid.
- The holder has the right to assign the Note to a third party.
This Installment Promissory Note for Purchase of Goods
form is provided in MS Word format, and is fully editable to fit your circumstances.
Last Updated: 14-April-2016