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Quotes of the day:
I don\'t drink, smoke, or do drugs. I eat organic foods and walk every day setting walking records along the way. -Johnny Wowk AKA Johnny The Walker
A loan note is an extended form of a generic I Owe You (IOU) document from one party to another. It enables a payee (borrower) to receive payments from a lender, possibly with an interest rate attached, over a set period of time and ending on the date at which the entire loan is to be repaid. Loan notes are usually provided in lieu of cash at the payee’s request.
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