What Is a Promissory Note?

A promissory note is a written promise to pay a specified amount within a specific time period. This type of document is used by the...

Dec 14, 20222 min read

Investing Money in a Small Business? Get it in Writing.

By Michael Fiffik, Esquire Many small businesses depend on infusions of cash from their owners in order to start up, meet cash flow needs...

Jan 25, 20225 min read

In part one, Remarkable Truth About Personal Guarantees, we explained what a personal guarantee is and the risks that they present to the...

Feb 7, 20215 min read

As everyone who is even remotely familiar with comic books knows, kryptonite is the one weakness of the otherwise indestructible...

Feb 7, 20215 min read

Deadline to apply is June 30. June 30th is the deadline to apply for a Paycheck Protection Program Loan. Many lenders have stopped...

Jun 28, 20201 min read

How much of your loan will be forgiven? Basic Rules: The Paycheck Protection Program (“PPP”) provides that the loan will be forgiven if...

Apr 30, 20204 min read