For early-stage companies in particular, these contracts can prove key to raising new capital. You have to spend money to make money, as the old saying goes. But sometimes you have to borrow money to ...

A promissory note, in its simplest form, is an instrument by which a Borrower (the Maker) acknowledges its obligation to repay the Lender (the Payee). Historically, Lenders required Borrowers to enter ...

Startups raising their first round of capital have to decide which type of investment vehicle to use. The two most popular options are convertible promissory notes and SAFEs, or simple agreement for ...

When a friend seeks a financial favor, the instinct to assist is a testament to the strength of your friendship. Yet, navigating monetary exchanges with friends demands a cautious approach to ...

Navigating financial transactions between friends can be a delicate balance. Picture this: a friend asks to borrow money, a situation familiar to many, yet one that can potentially strain ...

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. Eric's career ...

In Minihane v. Brown, 2026 N.Y. Slip Op. 01505 (2d Dept. Mar. 18, 2026), the Appellate Division, Second Department, addressed when the statute of limitations begins to run on a demand promissory note.

You have to spend money to make money, as the old saying goes. But sometimes you have to borrow money to spend money, too. “It’s really the most important legal document that establishes the ...