Loans Storeowners who loan money to their corporations or LLCs, or borrow money from them, should sign promissory notes.
Not exact matches
Money is the lifeblood of a pet shop, and if the
storeowner can't provide the necessary cash, he or she will probably have to turn to a bank for a
loan or a line of credit.
The bank understands that if interest rates decline, the
storeowner may get a
loan elsewhere and pay off the first
loan with the proceeds.
If a
storeowner and the bank decide on a fixed rate, the bank may require a pre-payment penalty if the
loan is paid off early.