When you start a business or begin expanding, you typically need financing. You can contribute savings to your business, obtain a loan from a bank or use credit cards. To protect your personal assets ...

A promissory note is a financial and legal instrument through which one party agrees (or promises) to pay another party a sum of money that's comprised of two pieces: principal and interest. These ...

Notes receivable is an bookkeeping account used to track debt and payments from borrowers. When a small business lends money, goods or merchandise to an individual, it expects repayment. For many ...

Cash might be considered king, but it isn’t realistic to pay cash for every purchase in your life, such as buying a home or paying for a large renovation project. When buying a house, you may want to ...

Andrew Ancheta is a finance editor who has reported extensively on cryptocurrency, NFTs, economics, and history. He previously worked as an editor for China Daily. Anthony Battle is a CERTIFIED ...

Q: Is a promissory note better than a land installment contract? A: A land installment contract is a procedure whereby the property owner enters into a contract with a potential buyer. The buyer ...