Line of Credit Promissory Note

If you are offering a line of credit to a customer, secure your interest with this Line of Credit Promissory Note form.

  • The Note allows for multiple advances, up to a specified maximum amount.
  • Interest on the secured amount is simple interest, accruing monthly.
  • The Note is secured by a mortgage on the Borrower's property.
  • There is no prepayment penalty.
  • This is a generic legal template which is not specifically written for any country, state or province.
  • This form is provided in MS Word format and is easy to customize.
Document Type: Microsoft Word
Last Updated: 24-January-2023
SKU: 4238
$5.99
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Plain Language Promissory Note | USA

USA lenders, secure repayment of a loan with this Plain Language Promissory Note.

  • The Promissory Note form is drafted in language that is clear, concise, and easy for a borrower to understand.
  • The principal and interest are to be repaid by a series of equal monthly installment payments.
  • Any amount of principal and/or interest not paid on time bears late charges calculated as a percentage of the overdue payment amount.
  • The template is not State-specific and can used anywhere in the United States.
  • This is a downloadable and customizable legal form template in MS Word format.
$11.99