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 ...
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 ...
Lindsay VanSomeren is a personal finance writer based out of Kirkland, Washington. Her work has appeared on Business Insider, Credit Karma, LendingTree, and more. If you’re lending someone a large ...
The Company continues to engage in discussions with the consortium of lenders on ways to further pay down the Promissory Note. BellRock has also announced an agreement with JBS Technologies NM, LLC ...