In exchange for capital, the company (debtor) will issue a loan or
promissory note to the investor (creditor).
Not exact matches
I asked how the lender planned
to secure the loan and the
investor informed me that the lender would only require a
promissory note to be signed
to secure the loan.
Some strategies
investors typically use
to create little
to no money down deals are VTBs, abatements, assignments, JVs, cash backs,
promissory notes, and offers
to purchase
to name a few.
The promoters, who turned out
to be fraudsters, falsely represented
to investors that a large Toronto firm had opined that retractable
promissory notes were legitimate expenditures and were tax deductible.