Free Promissory Note Generator
Lending or borrowing money between friends, family, or a small business? Put the terms in writing so both sides know exactly what was agreed.
Personalized document
Payment covers personalized drafting, completion checks, clean files, future edits, and permanent re-download access.
Say who's lending, who's borrowing, and the amount.
Add the repayment schedule, interest rate (if any), and what happens if a payment is missed.
Download a clean PDF with signature lines for both the lender and borrower.
Frequently Asked Questions
Is a promissory note legally enforceable?
Yes — a signed promissory note is a legally binding written promise to repay a debt, and can be used as evidence in court if the borrower doesn't pay.
What's the difference between a promissory note and a loan agreement?
A promissory note is a simpler, one-sided written promise to pay; a full loan agreement is more detailed and typically used for larger or more complex loans between businesses.