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.

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.

Rent versus Own Calculators

Read most “rent vs. own” articles, and you’ll typically see advice like, “Normally it’s better to own than rent. Here’s a calculator to help you decide which is best for you.” Then they’ll show you a calculator like one of these:
• New York Times Rent Vs Own Calculator
• Smart Money Rent Vs Own Calculator
• Motley Fool Rent Vs Own Calculator
But there’s a problem with these calculators. As with many online calculators offering easy answers to complex questions, in order for them to work, you’re required to know the unknowable. For example, you’re supposed to supply the future price appreciation of real estate, annual maintenance costs, initial fix-up costs, what you expect to earn on your savings, your future tax bracket, future property taxes, future rent increases – lots of key variables that virtually nobody can possibly know.
Had you used any of these calculators back in 2006, you’d have bought a house and made the worst investment decision of your life. Maybe it’s time to understand a few fundamentals when it comes to deciding whether to rent or own. Get these down before using any calculator.

In addition to these calculators check out the Resource Center at One2One Lending for more financial help.

What is a Short Term Personal Loan?

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A personal loan is an amount of money that you borrow for a specified length of time at a certain interest rate. It is a fast and easy way to get a cash advance for specific purposes. Personal loans can be installment loans such as a car loan or a demand loan. With an installment loan the borrower makes periodic payments (monthly, quarterly, etc.) that reduce the amount of the loan until it is paid in full with interest. A demand loan has an interest rate but does not have specified monthly payments, however the lender can demand payment from the borrower at anytime.
There are many reasons why people take out a personal loan. Some of the most popular reasons are home improvement and debt consolidation. Sometimes the loan is taken out for a major purchase such as an appliance or a family vacation. There are many reasons why people borrow money. Personal loans are very flexible and are designed to meet these many reasons.
The borrower should have a steady income source, and have the capability of repaying the loan principal and interest according to the repayment schedule. The maximum amount of a short-term personal loan and the period of repayment vary. The maximum amount of the loan is usually based on the purpose of the loan and the borrower’s ability to repay the loan. The rate of interest is generally based upon market interest rates and can be found on websites such as: http://www.one2onelending.com/. Personal loans are often limited to 5 years but can be extended up to 10 or 15 years for purposes such as home improvements.
There are companies that specialize in making personal loans for specific purposes. In you want to finance a car, you may look at some of the car credit companies who offer a number of deals with incentives such as lower interest rate and less down payment amounts when you take a loan out with them. There are similar personal loan providers for home improvements and debt consolidation, etc.
Normally it is easier to apply for a personal loan than a mortgage loan. Less paperwork and lower income verification standards usually means that the loan approval process is considerably shorter than a mortgage loan.