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Secured Promissory Note Form

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• Welcome to the Direct Signings Direct Deeds Easy Promissory Note Form. Please follow the steps to create your Secured Promissory Note through Direct Signings Direct Deeds.
• Who is the Lender?*
  • Business Entity
  • Individual(s)
• How many Individuals?
  12345

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• Lending Business Name
  Please include the name of the business name of the lender
• Who is signing on behalf of the Business Entity?
  First Last
  Please include the first and last name of the individual who will be signing the secured promissory note for the business
• What is their Title within the business that will be lending?
  • CEO
  • President
  • Vice President
  • Officer
• Lender Name
  First Last
• Lender Name (2)
  First Last
• Lender Name (3)
  First Last

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• Do you know the lender's mailing address?
  • Yes
  • No
• Lender's Mailing Address
  Street Address Address Line 2 City AlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code

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• Who is the Borrower?*
  • Business Entity
  • Individual(s)
• How many individual borrower's will there be?
  123
• Business's Name (Borrowing Business Name)
• Who will be signing on behalf of the Business Entity? (Borrower)
  First Last
  This individual must have the authority to borrow money on behalf of the business.
• What is the Representative's Title within the Business? (Borrower)
  • CEO
  • President
  • Vice President
  • Officer
• Borrower's Name
  First Last
• 2nd Borrower's Name
  First Last
• 3rd Borrower's Name
  First Last

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• Do you know the Borrower's Mailing Address?
  • Yes
  • No
• Borrower's Mailing Address
  Street Address Address Line 2 City AlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code

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• Type of Loan
  • Secured Loan - Something is pledged as a security for repayment.
  • Unsecured Loan - Nothing is pledged.
• Enter the Security that will be provided on behalf of the borrower
  e.g. "2011 Ford F150"
• Upload Security File Document
  Drop files here or Select files

  Accepted file types: jpg, png, pdf, Max. file size: 64 MB, Max. files: 5.

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• Total Amount being Loaned
  Please enter the dollar amount.

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• Interest Rate (%)
  The Maximum Interest Rate Percentage (%) a lender can charge is determined by the State's Usury Laws.

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• Loan Start Date
  MM slash DD slash YYYY
  The proposed Start Date when the borrower will receive the Money

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• Final Loan Payment is Due By?
  MM slash DD slash YYYY

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• Will there be scheduled payments?*
  • Yes
  • No
  Will re-payment occur in multiple scheduled installment payments? If yes, we've included a file upload section where you can upload a PDF document that contains the payment schedule.
• Upload Payment Schedule PDF
  Drop files here or Select files

  Accepted file types: pdf, Max. file size: 512 MB.
• Payments will be made every
  • daily
  • Weekly
  • Monthly
  • Quarterly
• Which day of the week will payments be due?
  MondayTuesdayWednesdayThursdayFridaySaturdaySunday
• Payments will be due on the
  Please include the date that monthly payments will be due on.

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• Will the borrower incur a late fee if the scheduled payment(s) is late?
  • Yes
  • No
• Late fee shall be a
  • Dollar Amount ($)
  • Percentage of the Payment Owed (%)
  • Percentage of the Total Balance (% of Balance)
• Enter Dollar Amount
  Please enter the flat fee dollar amount that the borrower will incur when late.
• Enter the Percentage
  This is on the payment due and not on the balance owed. So if the interest rate is 1% and a payment of $1000 is late, the fee would be $10
• Enter the Percentage
  This is calculated as the principal balance owed. So if the interest rate is 1% and the balance is $10,000 the late fee would equal $100
• Late Fee is Calculated as
  • Every Day Payment is Late
  • As a 1-Time Fee when Payment is late

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• Will the interest rate (%) increase if the payments are not made on-time?
  • Yes
  • No
  Interest Rate on Late Money
• Enter the increased Interest Rate

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• Will there be a Pre-Payment Penalty?
  • Yes
  • No
  An applicable fee that the borrower must pay if they should pay-off the note before it's due
• The Pre-Payment Penalty will consist of a
  • Dollar Amount ($)
  • Percentage of the Remaining Principal Balance (%)
  • Percentage of the Total LoanAmount (% of Total)
• Pre-Payment Flat Fee ($)
• Enter Percentage(%)
  Enter the Pre-Payment Percentage of the remaining principal
• Enter Percentage (%)
  Enter the Pre-Payment Penalty Percentage of the total loan

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• Will anyone be Guaranteeing this Note?
  • Yes
  • No
• How Many Guarantors?
  Choose12
• Guarantor's Name (1)
  First Last
• Guarantor's Name (2)
  First Last

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• In which State will this Note be Signed?
  Please include the full State name where the Signing will occur
• Phone
  This field is for validation purposes and should be left unchanged.

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Questions?

Feel Free to call us at 702-685-0400.