跳到主要内容

Formswift: Create a straightforward California promissory note with our template

Streamline your financial transactions with our customizable California secured promissory note template. Whether you're lending or borrowing, it's the hassle-free way to establish clear terms in your loan agreement and protect your interests.

A person sitting on a windowsill smiling at their mobile device.
What is a California promissory note?

A California promissory note, whether it's a California secured promissory note or a California unsecured promissory note, is a document that outlines the terms and conditions of a loan or financial agreement between a lender and a borrower in the state of California.

A person sitting at a desk and working on their laptop.
What is a California promissory note used for?

A California promissory note establishes an agreement between the parties involved in a loan transaction. It clearly defines the terms, including the:

  • Principal amount of the loan
  • Rate of interest
  • Accrued interest
  • Repayment schedule
  • Late fees
  • Additional conditions, adhering to the California Civil Code
A person working on their laptop with lots of files around them on the table.

Common types of California promissory notes

There are several common types of promissory notes in the state of California:

A person uses their finger to input a digital signature on a tablet.

Personal loan promissory note

Often secured by a deed of trust, it's used for loans between family members, friends, or individuals, with a co-signer sometimes included.

A hand signing a form digitally on a tablet.

Business loan promissory note

This is a promissory note form designed for loans between businesses or for business-related purposes.

A door that has a sign with a clock on it hanging from the front of the door.

Real estate promissory note

Specifically tailored for loans related to real estate transactions, such as mortgages or property purchases, usually involving a secured promissory note.

What you need to write a California promissory note

To create a California promissory note, you'll need the following information:

  • Borrower and lender names and contact details
  • Loan terms, including the interest rate per annum, due date, and provisions for late payment
  • Collateral used to secure the loan, if applicable
  • Borrower and lender signatures
Two people sitting and talking in front of a laptop that is next to them.

Frequently asked questions

Absolutely. Our California promissory note template is fully customizable, allowing you to tailor the terms to your specific loan agreement, including prepayment terms and non-waiver clauses.

In the event of default, the lender has legal options to pursue repayment. For instance, by seeking a court judgment or pursuing collection actions.

Yes, you can use a California promissory note for both personal and business loan transactions.

Looking for other California documents?

California bill of sale

Prepare for selling an item with a clear bill of sale.

California vehicle bill of sale

Create a bill of sale specifically for selling a motor vehicle.

California power of attorney

Empower someone you trust to act on your behalf in legal matters.

California non-disclosure agreement

Protect your business with a confidentiality agreement.

California lease agreement

Protect yourself and your tenant throughout their tenancy.