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Line of Credit Promissory Note

If you are offering a line of credit to a customer, secure your interest with this Line of Credit Promissory Note form. Provisions of the Note include:
  • The Note allows for multiple advances, up to a specified maximum amount.
  • Interest on the secured amount is simple interest, accruing monthly.
  • The Note is secured by a mortgage on the Borrower's property.
  • There is no prepayment penalty.
This Line of Credit Promissory Note form is provided in MS Word format, and is easy to edit and use.

Download: Line of Credit Promissory Note

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