Promissory Note — Template and Playbook
A template Promissory Note and playbook your team can run without counsel on every deal, for the agreement that records a loan with the interest, payment, default, and acceleration terms that make it collectible.
The playbook gives your team preferred, acceptable, and walk-away positions on each key term. A reusable master version plus the variations and an approval matrix, so your team can adapt it without counsel each time.
Frequently asked questions
The fee covers a reusable master form for your team, fallback positions for each negotiated provision, and an approval matrix showing who can agree to what. It is fixed at this scope: one note. 2 rounds of revisions are included. If your matter falls outside that scope we tell you before starting and quote the difference — we do not bill past a flat fee without agreeing it first.
3 to 5 business days from a complete set of instructions, plus time for the 2 rounds of revisions included in the fee. If you are working to a court deadline or a closing date, tell us when you order and we will confirm in writing whether we can meet it before you commit.
$1,475 is $325/hour × 4.5 hours — the time this deliverable takes in an ordinary lending matter, at the firm's standard rate. Because it is a flat fee, the risk of the work running long sits with the firm: you pay $1,475 whether it takes us the estimate or twice it.
Third-party costs are never inside a flat fee and are passed through at cost, never marked up: court and agency filing fees, court reporter and transcript charges, expert witness fees, search vendor and e-discovery hosting charges, process server fees, and travel.
What your business does, and who its users or customers are, the systems, vendors, and data flows the document has to describe accurately, any existing version, and what prompted this one, and any regulator, platform, or contract requirement you are working to. Send what you have — if something is missing we will tell you what else we need before the turnaround clock starts.
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